Nasdaq, S&P500 and Bitcoin bearish outlook for next week.

2020年9月20日

Indices and the #Nasdaq and #S&P500 should bounce at US open on Monday. In bearish trends or corrective moves the beginning of the week brings about bounces followed by continuation of selling. There's also a chance of a bounce up at the end of the week. After Monday I'm looking at big sell offs across these three asset classes. The Nasdaq could fall to $10,420 the 100 day moving average or as low as $10,227. In the S&P500 the 382 fib at $3,338 has held strong if this goes the fib 50 at $3,260 and then the 100 day SMA at $3,168 in focus. #Bitcoin targets $10,378 (100 day SMA). Or 21 weekly EMA $10,057. On the upside over the weekend Bitcoin could test the 50 day moving average at $11,258. I rather fancy it won't and we should look to the downside. The bearish divergences I demonstrate here prove how strong an indicator they are for future price movements.

#trading #trading #bitcoin #forex #btc #ethereum #technicalanalysis #defi #forex #currency #technicalanalysis #eth #fx #cryptocurrencies #xrp #stockmarket #stocks #coinbase #cryptocurrency #blockchain #markets #crypto #binance #ltc #gold #exchange #chainlink #tokensale #silver #preciousmetals #link #ether #indices #economics #investing #adx #dmi #fib #investors #capitalmarkets #di #verasity #ico #musicpublishing #stockmarketinvesting #9yearsincapitalmarkettrading #investments #investor #funding #funds #ptsdawarenteess #clickandcollect #zilliqa #comment #like #indicies #content #people #crowdfunding #share #venturecapital #chaikinmoneyflow #foodservice #charity #investment #anxietyawareness #fintech #money #mentalhealthawareness #restaurants #startups #suicideawareness #experience #transportation #training #care #education #business #warehousing #distribution #luxuryfood #marketing #technology #smallbusiness #startup #branding #digital #food #dinner #lunch #vc #news #video #advertising #covid19 #energy #rest #hotel #pub #beyondthecallofduty #email #lockdown #leisure #entrepreneur