Jump to content

S&P 500, Nasdaq Recover After Fed-Fueled Sell-Off | Another Bear Market Bounce on the Way


Recommended Posts

Market Outlook with James Stanley gives a report on the latest changes in the financial markets, providing timely fundamental, economic and technical analysis and a close examination of promising chart formations with live currency quotes which you can look forward to.

 

 

 

DailyFX and IG.jpg

Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • image.png

  • Posts

    • FTNT Elliott Wave Analysis Trading Lounge Daily Chart, 4 March 24 Fortinet Inc., (FTNT) Daily Chart FTNT Elliott Wave Technical Analysis FUNCTION: Trend MODE: Impulse STRUCTURE: Motive POSITION: Minor wave 1 of Intermediate (1). DIRECTION: Completion of wave {v} of 1.   DETAILS: We seem to have completed a flat correction in Primary wave 4, and now we see to be on the way to break previous wave (X) high at around TL8 80$. We could either be in wave {v} of 1 or else wave {iv} could be higher degree wave 2. Technical Analyst : Alessio Barretta Source : Tradinglounge.com get trial here!         FTNT Elliott Wave Analysis Trading Lounge 4Hr Chart, 4 March 24 Fortinet Inc., (FTNT) 4Hr Chart FTNT Elliott Wave Technical Analysis FUNCTION: Trend MODE: Impulse STRUCTURE: Motive   POSITION: Wave (iii) of {v}.   DIRECTION: Acceleration higher into wave (iii). DETAILS: Looking for acceleration higher into wave (iii) as we seem to be breaking previous s wave (b) top after finding support on Medium Level 65$. Welcome to our FTNT Elliott Wave Analysis Trading Lounge, your go-to resource for comprehensive insights into Fortinet Inc. (FTNT) using Elliott Wave Technical Analysis. Let's delve into the market dynamics as of the Daily Chart on 4th March 2024.         * FTNT Elliott Wave Technical Analysis – Daily Chart* Our analysis reveals a trend function with an impulse structure, characterized by a motive pattern. Currently positioned in Minor wave 1 of Intermediate (1), we observe the potential completion of wave {v} of 1. Following a flat correction in Primary wave 4, we anticipate a breakout above the previous wave (X) high, approximately around TL8 $80. The ongoing wave could either be wave {v} of 1 or a higher-degree wave 2 represented by wave {iv}. * FTNT Elliott Wave Technical Analysis – 4Hr Chart* Here, we identify a trend mode with an impulse structure, indicating a motive pattern. Positioned in Wave (iii) of {v}, we anticipate an acceleration higher into wave (iii). This expectation comes as we observe a breakthrough above the previous wave (b) top, following support found at the Medium Level of $65.
    • That’s a pity.  It would be a good facility to offer like Lombard Loans and far less risky than margin trading.  
    • @tonybyrne, Unfortunately, we do not have that type of facility. Thanks, KoketsoIG
×
×
  • Create New...
us