Tag Archive

Can a candlestick chart predict doom for the markets?

By John

Make no mistake about it, last week was a very important week for the stock market. Looking on the weekly equity charts, you will see one of the most powerful Japanese candlestick lines. This one line on the chart indicates that there could be some major problems ahead for the stock market. In my new video I explain what this... »

Is the NASDAQ Running Out of Steam?

By John

While doing market analysis on the NASDAQ index, using a Fibonacci retracement, it is becoming apparent that a downward adjustment is imminent. The index was at 2185.45 which is between the 50-61.8% level on the Fibonacci scale The NASDAQ index is now in thin air and appears to be waning in strength. In this... »

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