DBD Strategy Daily - NASDAQ 100 : head-and-shoulders forming
The Nasdaq dropped again yesterday. It may be another volatile day without consequence, but head-and-shoulders tops are appearing on the index and on several major stocks. The signals are not triggered yet. We may escape them, but as sentiment is very optimistic, we favour the downside risk. Alphabet is on the edge of the bearish reversal, it can be monitored for an early signal on the index.
DayByDay is an independent research company providing global macro and single stock analysis, recommendation and allocation based purely on behavioural finance methods. Those include long term cycle analysis, sentiment analysis, and technical trigger. DayByDay serves all clients in need of practical and precise publications to make effective market decisions, on any time horizon, from a few hours to a few years.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.