Navigating Today's Market Trends: How to Read the Signs

Indices Futures

Let's start with the indices futures. Gravity is pulling towards the rising trendline, which is a healthy move for the market and its indicators. The RSI for the NASDAQ on the daily chart was over 82, a level not seen since January 23, 2018. Similarly, the SP500 futures are taking a short pause, much like in March 2024. It's moving clearly within a rising wedge, needing to bounce off the ascending trendline to continue its upward trajectory.
Chart PatternsTrend AnalysisWave Analysis

更多:

免責聲明