UnknownUnicorn3809107

Trend is down now.

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UnknownUnicorn3809107 アップデート済   
NASDAQ:IXIC   ナスダック総合指数
From this analysis, the long term market trend appears bearish. The yellow trends looks curiously similar to a "head and shoulders" technical pattern.

Looking shorter-term, am expect fluctuations between the purple support and the 200-day MA.

Further, it appears that bearish divergence is forming between the MACD and the Stochastic oscillators, indicating potential for continued short-term support.
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UPDATE: *Second line - should be "I expect"
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