$Nasdaq Composite Index (.IXIC.US)$ I do not give stock recommendations, nor predict whether they will rise or fall. If you are interested, feel free to add me as a friend and chat about technology!
Preface:
With the conclusion of the interest rate meeting, the current situation of the US stock market trend is gradually becoming clear:
Review of last week: The Nasdaq 100 Index (NDX) showed a trend of forming a head and shoulders bottom pattern last week, with a retest of the 11172 right shoulder bottom, accompanied by gradually increasing volume (volume gradually increased from October 26th to 28th), which was a very good trend. However, I also mentioned key levels at 11170 and 11681, as the dividing points between bullish and bearish sentiments for this head and shoulders bottom pattern, but ultimately it reversed....
2. Summary of the large cap:
This week's situation: Currently, it has broken through the bottom long-short dividing point of 11,172 (now changed to gray, indicating that the point is no longer valid), and influenced by interest rate meetings, non-farm payrolls, etc., it once broke through the positions of 10,954 and 11,676, but failed to break through at the position of 10,676 twice, and on Friday there was a rare significant oscillation within the day, as well as a strong rebound that was unable to move downwards at the bottom, so this trend is suspected to have a plate washing aspect and a strong performance by the bulls, so how to deal with the future market? Focus on trend trading, pay attention to a few key aspects...
Preface:
With the conclusion of the interest rate meeting, the current situation of the US stock market trend is gradually becoming clear:
Review of last week: The Nasdaq 100 Index (NDX) showed a trend of forming a head and shoulders bottom pattern last week, with a retest of the 11172 right shoulder bottom, accompanied by gradually increasing volume (volume gradually increased from October 26th to 28th), which was a very good trend. However, I also mentioned key levels at 11170 and 11681, as the dividing points between bullish and bearish sentiments for this head and shoulders bottom pattern, but ultimately it reversed....
2. Summary of the large cap:
This week's situation: Currently, it has broken through the bottom long-short dividing point of 11,172 (now changed to gray, indicating that the point is no longer valid), and influenced by interest rate meetings, non-farm payrolls, etc., it once broke through the positions of 10,954 and 11,676, but failed to break through at the position of 10,676 twice, and on Friday there was a rare significant oscillation within the day, as well as a strong rebound that was unable to move downwards at the bottom, so this trend is suspected to have a plate washing aspect and a strong performance by the bulls, so how to deal with the future market? Focus on trend trading, pay attention to a few key aspects...
Translated
1
$Hang Seng Index (800000.HK)$ Now, Hong Kong stocks are in a desperate situation, the worst in more than 20 years since 1998, and A-shares are also in a desperate situation that occurs once every four or five years. Everyone has no confidence in the economy, compounded by geopolitical crises, interest rate hikes, and the impact of the pandemic. In such a moment, it is actually similar to any previous economic double-bottom in history. Take a step forward and have a broad sky ahead, take a step back and fall into an abyss. At such a moment, we need to have sufficient confidence in the country's destiny, just like any previous double-bottom. If we lack belief, we will miss the opportunity for ordinary people to change their destiny, and we will miss the opportunity for a historical-level bottom. In the past, there have been many bears, and each time it proved to be a historical bottom. Today, there are also bearish and pessimistic voices. Do you have enough belief to support yourself through the bottom and welcome a two-year bull market?
Translated
1
1
$Apple (AAPL.US)$ The supply chain stalled, causing Apple's dumping strategy to go bankrupt. Originally, the Nasdaq was the only one to blame. The sudden outbreak of the supply chain crisis was a heavy blow to the NASDAQ. Other weights were not up to the top, and there were no excuses. With this thunder, it is conceivable that Apple's performance in the next quarter will inevitably be impacted, and whitewashing again would be a bit excessive! Now the Federal Reserve's interest rate hike also seems to have reached a crazy pattern! If the violence continues, ah, I'm not afraid to go against the cycle! You have to be lucky even at a beautiful price! I wonder if the Federal Reserve will be forced to stop in the future. There is also a high possibility that they will die together. The problems facing America have also reached a certain tipping point! The world has also reached an unbearable point, so let's see who comes out first!
Translated
3
$Amazon (AMZN.US)$Amazon.Com Inc yesterday was a low opening low trend, after the opening slightly higher, and then began to collapse, the overall center of gravity downward. From the k-line form, close a solid negative column, the stock price continues to fall, the bottom has broken 90, so yesterday also said that even if you look at the stock price heart do not worry, this still can not see the bottom. At present, the J value of KDJ has broken the 0 axis, which may stabilize the revised index a little bit, but it does not mean that it will rebound. If you just go back to the 0 axis but consolidate at the bottom, it is still a very weak performance. On the whole, it has been vertical diving for 3 consecutive days and there is no intention of braking, so really don't worry, be patient and wait for the bottom. Today, focus on the upper pressure 90 and 91.7, the lower support focus on 88.5 and 87.3
Translated
1