why dowjones and nasdaq indexes fall today?
dowjones and nasdaq index
- Thread starter trader123x
- Start date
They had to fall; my Technical Indicators said so:
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Can I buy your technical indicators for $10,000 please? I need that holy grail.
Fixed that for you
You just learned that global markets are interconnected and that you need to pay attention to the ECB/IMF out of Europe in the early market session before the U.S. markets (DowJones/S&P/Nasdaq) open for clues especially when the news out of Europe is important.
Yet, its only important if you need to know the why and what ever you're trading is impacted by the why.
wrbtrader
Fixed that for you
Why I truly appreciate the humor of your post
, I have to clarify that there is reliable money in T/A. The snark in my post was too subtle for my own good: the "My T/A told me so" part was a poke at the blind religious adherents. (The fans of The Right Reverend Dr. Elliot Fibo-Gann-oci. )In contrast, if you can summarize recent market movement in a couple of moving averages? If you can turn your account(s) inside the turns of the market as portrayed? If you can develop rules around such turns?
I’ve found a good guide when was trying to build my own strategy in trading indices and stay up to date on what happens on global markets, cause I was not so knowledgeable https://capital.com/trade-nasdaq There can be some really good overviews from experts. Also I checked the articles about Nasdaq and Dow Jones, they appear pretty often