NASDAQ: retracing from weekly lows   Ichimoku Cloud bearish; ADX and DI bearish; RSI bullish.   The US tech stock index NASDAQ retraced from this week’s lows in a range of 11687/699 points. Currently, the index is testing an important…

NASDAQ: retracing from daily lows   Ichimoku Cloud bearish; ADX and DI bearish; RSI bullish.   The US tech stock index NASDAQ is retracing from Monday’s lows at 12101.9 points. The index value is testing Ichimoku Conversion line resistance on…

S&P 500: seeking support   Williams Alligator bearish; MACD mixed; Williams Percent Range bullish.   The S&P 500 stock index is seeking support on the intraday chart (see the four-hour setup below). ON the one hand, the index breached the…

NASDAQ: further downside   Ichimoku Cloud bearish; ADX and DI bearish; RSI bearish.   After two failed attempts to break an intraday resistance range marked by the bottom band of the Ichimoku Cloud indicator, the US tech stock index NASDAQ…