NDX – Page 21 – The Art Of Chart

Tag: NDX

Santa With Some Reservations

Looking at the shorter term charts, there are some signs that we might see a retracement, though, with Fed tomorrow, any retracement may need to wait until then. There is a possible case for NQ to backtest the weekly pivot at 6344. Intraday Video - Update on ES, NQ, and TF: [embed]https://youtu.be/ivprr_nDeRw[/embed] On the SPX...

Winter Is Here

A modest storm by US standards is passing over the UK. We have enough snow for a modest selection of snowballs, and I'm planning a quiet weekend in, relaxing while doing no more than an absolute maximum of seventy charts and three videos before Monday. I might light a nice coal fire if the snow...

An Inverse Correlation To Depend On

We did the monthly free public Chart Chat at theartofchart.net yesterday, and if you missed that the recording is posted on the November Free Webinars page here. We were asked a question about a correlation there, and I remarked that I don't think most correlations are worth much. If you think USD is going down and therefore gold should...

The Ghost Of Volatility Past

Are the equity indices topping out here or not. I think yes, though likely just for a retracement before higher highs. SPX is retesting good trendline resistance, is on a strong daily RSI 5 / NYMO sell signal, and a daily RSI 14 sell signal is now brewing as well. Another retest of the all...

Finally Monsieur, A Wafer Thin Mint

I've been mentioning that TF/RUT has been forming some kind of bull flag that should deliver a retest of the all time highs on TF/RUT, and that bull flag is a clear falling megaphone flag on RUT that underthrew bullishly yesterday morning and broke up this morning with a minimum target at a retest of...