ARTICLE SYNOPSIS...The Nasdaq 100 shares have bounced off the $34.00 level several times the past year but the current consolidation pattern may point to a break of support here.
ARTICLE SYNOPSIS...As I have written before, Elliott wave analysis is far more obvious after an event than before an event. Forecasts using wave analysis to predict future movement in the market are always interspersed with the words "if this happens," then "
ARTICLE SYNOPSIS...The A/D line is an effective gauge in determining the overall strength of the stock market. It is by far the most commonly used measure of market breadth.
ARTICLE SYNOPSIS...Can the put/call ratio be used to time entries and exits in the stock market? We take a look
ARTICLE SYNOPSIS...After running in place for two months, the Nasdaq has started breaking down with momentum and money flow confirming.
ARTICLE SYNOPSIS...While most indicators measure the amount of price change over time, Aroon measures the amount of time since an event has occurred.
ARTICLE SYNOPSIS...The Nasdaq advance since mid-August is beginning to stall out and the index is on the verge of a Bollinger Band sell signal.
ARTICLE SYNOPSIS...One of the key elements of swing trading and the lowest risk method of trading is buying on a retracement to the main trend. The Nasdaq composite has been correcting for the last few days -- at which levels should you buy back in?
ARTICLE SYNOPSIS...The high-tech index looks vulnerable here. A downturn would not be a surprise, but what are the targets?
ARTICLE SYNOPSIS...Cisco is pulling the Nasdaq down and remains an underperformer that may be about to make a significant move.
ARTICLE SYNOPSIS...Two classic patterns in technical analysis was at work in the NASDAQ, pointing to a continuation of the May decline.
ARTICLE SYNOPSIS...Here are some very clear trading signals, including two reversal patterns.
ARTICLE SYNOPSIS...April proved to be a tumultuous month for the technology-based Nasdaq Composite Index. From a charting standpoint, the sharp April sell-off within the index followed a picture-perfect double top formation.
ARTICLE SYNOPSIS...The NASDAQ advance/decline volume line has sharply outperformed the A/D line over the last few weeks, showing leadership from the generals.
ARTICLE SYNOPSIS...Last week, I wrote that I believed the Dow Jones Industrial Average had bottomed, and that the bull has taken over from the bear. This week, I see no reason to change my tune.
ARTICLE SYNOPSIS...Trying to find market direction by looking at today's indexes is not easy.
ARTICLE SYNOPSIS...The Market Volatility Index's (VIX) new recent lows may mean a potentially explosive move is coming by virtue of the "spring" theory.
ARTICLE SYNOPSIS...Well, it looks like the Nasdaq has taken a rough beating, rougher than what was imaginable.
ARTICLE SYNOPSIS...Island reversals are topping formations, rather uncommon they often portend considerable downside action.
ARTICLE SYNOPSIS...Sometimes we are inclined to overlook what charts are telling us because we need to be convinced by complexity. Here is a chart staring us in the face and shouting, "Watch me!"
ARTICLE SYNOPSIS...With the NASDAQ now in a bear market trend, it is possible to use Elliott wave theory to forecast when the downward trend will come to an end.
ARTICLE SYNOPSIS...The NASDAQ has been moving higher since mid-March, and the latest gap affirms this uptrend — provided it holds and does not turn into an exhaustion gap.
ARTICLE SYNOPSIS...The NASDAQ 100 shares have overcome several short-term obstacles.
ARTICLE SYNOPSIS...Given the current weakness of the technology sector and the typical October activity, many may be thinking that you can't go wrong buying at these prices.
ARTICLE SYNOPSIS...A narrowing consolidation can't last forever, and the NASDAQ 100 looks poised to break the recent trading range. Here's what to look for.
ARTICLE SYNOPSIS...It's been a hard week for the indexes. The NASDAQ, for one, lost 4.66% for the week, or 125 points. What does the monthly chart reveal?
ARTICLE SYNOPSIS...Last week I offered readers a wave count of the Standard & Poor's 500, and my projection for the future. This week I discuss the NASDAQ index.
ARTICLE SYNOPSIS...The Nasdaq is the farthest along in the race to test the powerful 200-day EMA overhead resistance. What happens here may determine the fate of the other main indices.
ARTICLE SYNOPSIS...The Elliott wave theory is simply that: a theory--and yet so many analysts swear by it. ...
ARTICLE SYNOPSIS...Technical reasons abound for another countertrend rally.
ARTICLE SYNOPSIS...The Nasdaq composite has been trading sideways ever since its sharp drop in April. A question dwelling on most minds is "When is the Nasdaq going to resume its upward trend?"
ARTICLE SYNOPSIS...As their daily charts move above their 200-day moving averages, the indices are showing a short-term trend change.What are the weekly charts showing with their longer-term views?
ARTICLE SYNOPSIS...The Nasdaq seems to relish announcing bullish intentions with gaps. If this current gap (11/14/02) doesn't close or start to close in three days, a strong move may be in store.
ARTICLE SYNOPSIS...The only thing more amazing about the Nasdaq's rally since March is that it hasn't featured more than four consecutive up days.
ARTICLE SYNOPSIS..."Further, of bearish importance is that the Nasdaq has itself failed for the second time at a level below the previous top, while making new and lower lows. Bull markets make higher highs and higher lows; bear markets do the opposite."
ARTICLE SYNOPSIS...I discovered Elliott wave theory in 1969, and since then have been hooked. Has Elliott made money for me? No, but it has forewarned me of what to expect in the future, and that helps, but only if I accept what it tells me. That is difficult most of the
ARTICLE SYNOPSIS...Three strikes and you're out. Could this be the fate for the Nasdaq?
ARTICLE SYNOPSIS...When a stock or index is overextended, it can suddenly correct at the first candlestick warning or defy gravity a while longer.
ARTICLE SYNOPSIS...Stiff overhead resistance for the high-tech composite index looks likely.
ARTICLE SYNOPSIS...Does the action in the Nasdaq Composite during the last few days indicate a trend reversal?
ARTICLE SYNOPSIS...Breakouts above a three-month downtrend line and a one-month uptrend line are positives.
ARTICLE SYNOPSIS...VIDYA, the variable index dynamic average, provides the means to dynamically change the period of an exponential moving average. Its application to the Nasdaq provides some interesting insight to Nasdaq behavior.
ARTICLE SYNOPSIS...In Part II you will find the mathematical and Metastock formulas for VIDYA, the variable index dynamic average.
ARTICLE SYNOPSIS...When the technology sector crashed in 2000, the NASDAQ index crashed heavily along with it. But in the recovery phase, the Elliott wave B-wave , the index rose only as far as the 38.2% Fibonacci correction.
ARTICLE SYNOPSIS...While moving in a downward channel, $COMPQ established support at a low pivot and a moving average.
ARTICLE SYNOPSIS...A descending right triangle seems to have formed.