Nasdaq Stock Index: Heading Towards New Sell-Off?
NASDAQ 100 Moving Upwards Towards New SELL-OFF Area
The following chart shows how one can track the twists and turns in the so-called chaotic markets when using techniques that don’t depend on manipulative news or skewed data.
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You can see that the Stock Market has weakened over the last week.
As the chart shows, highs are not holding or are not being exceeded regularly as before.
The red circle on the chart shows where we detected the downward shift to have taken place and we’ve been watching the decline since then.
I’ve posted on the chart where I expect SELLING to come into the market from the big players (shown by the orange rectangle just above the present price levels) which I call the Money Tigers.
The green rectangle area has served as the expected buying area to temporarily support the rally to a probably lower or equal high.
Watch this market for confirming signs of weakening which will happen if the sell-off price area is reached and prices peak and decline from there. - George
The approach I call The Excalibur Method detected the critical areas shown on the chart for us. Excalibur can select optimal probability BUY and SELL price areas for markets as well as alerting one early to an important shift in the price trend and momentum structure.
This happens when big money interests (the Money Tigers of the markets) have met their goals and are shifting their strategies.
The Excalibur Method is a unique and superb market analysis tool, truly unlike any other.
It doesn’t rely on other studies or software to generate its results.
And, what’s more, it insulates market decisions from the opinions & influence of the media, brokers and others whose goals likely don’t match your own.
I encourage those of you who wish to take control of their financial destinies to learn more about the Excalibur Method today and discover how you can secure this rare tool for your own trading objectives.
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