There is always a reason why there is divergence between the S&P 500 and Nasdaq. A trend following tool will be able to help you see that. Yesterday, S&P 500 and the Dow Jones fell while the Nasdaq Composite rose. Well, I guess it surprised many people, but not me or those of us here that use a trend following tool to help us.
The trend is your friend as they say.
While a good system may not give you 100% accuracy, it helps us to be on the right side of the market 75% of the time. As you shall see in the charts below, the Nasdaq was trending up in the 15 min charts while the SPY and DIA was trending down in the 5 min charts.
Charts with the Freestockcharts.com label are courtesy of Freestockcharts.com
Charts with the investing.com logo are courtesy of Investing.com powered by Trading View
Mar 22, 19 12:01 PM
So a friend asked me if Dayang will continue to go up. I guess many are wondering the same question as well. So let's take a look at what the charts are saying.
Mar 22, 19 12:00 PM
Analisa dan cerita menarik yang mengenai saham saham di Bursa Malaysia serta saham panas dan saham yang anda perlu pay attention.
Mar 22, 19 11:51 AM
Apple is one of those stocks that we should look at almost every day. The reasons is because it is a component of the Dow Jones, the S&P 500 and the Nasdaq Composite. If Apple does well, it will be go…
Mar 22, 19 11:40 AM
Analysis of what is going on in US stock market as well as highlights of some stocks that are forming significant patterns.
Mar 22, 19 06:40 AM
Learn the importance of stock charts and why you need to use them. Stock charts are footprints of market participants and they reveal quite a lot of information.