NASDAQ: deeper correction possible   The index is below EMA34; MACD has a bearish reversal signal; RSI bearish.   The US tech index dropped below the 34-bar exponential moving average on the four-hour timeframe after peaking at all-time high value…

FTSE 100: bearish reversal pattern   One-hour chart bearish; Ichimoku completed reversal pattern; Further losses possible.   The FTSE 100 index has completed the bearish reversal pattern on the one-hour timeframe. The Ichimoku Cloud indicator has several signs of a…

NASDAQ: back to growth   Trading above moving averages; Four-hour chart bullish; Stochastic RSI overbought.   NASDAQ went above the all-time high value ($16,459.6 points) last week and tested the 89-bar simple moving average from above, charting a local intraday…

DJIA: below all-time high   Double support in focus; Stochastic RSI oversold; Consolidation possible.   The Dow Jones Industrial Average jumped to all-time high values by an additional 200 points. The index is trading slightly above 21-bar exponential moving average…