Nasdaq technical Bearish
Chart courtesy of stockchartsU.S. stocks ended lower Friday, capping a week of losses for the market after the Federal Reserve left open the possibility of further interest-rate increases. The Nasdaq Composite Index fell 18.99 points to 2,262.58, closing below the MM50 for the first time since November, really a bad signal for the Bulls. According to chart above the Nasdaq is now technical in a bad situation with all indicators showing Bearish signals as MACD , Fullsthocastic and RSI.
The Lastest news about Iran will go pressure the markets due to all uncertainty with this big problem, so next week could be one week decisive to decide the direction of the markets in the short-medium term.
That's All. Have a great weekend !!!
AC
The Lastest news about Iran will go pressure the markets due to all uncertainty with this big problem, so next week could be one week decisive to decide the direction of the markets in the short-medium term.
That's All. Have a great weekend !!!
AC
