Web Statistics NASDAQ hourly chart

Tuesday 10 May 2016

NASDAQ hourly chart


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Nasdaq HOURLY CHART


Nasdaq hourly chart

so we have seen a whole lot of  motion in the ocean of the stock market, and the last few hours we have seen the stock market rally a bit.

Here is a chart of the Nasdaq hourly. You can see we are inside a very nice steep upward channel, and stochastics [indictor] on the hourly chart, is overbought.

We are also trying to punch through the 136 EMA [exponential moving average] THE RED LINE!

So, things could get interesting in the next 24-48 hours.


NASDAQ hourly chart






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