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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.
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.
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