While we might see many people with good timing to buy on the Nasdaq, when it fails to go up the next time, there are those who wait and they know what to look for. The latest Tech Rotary is going against the current trend of the Dow, as the Nasdaq drops as Tech Rotary rotates out of favor, Nikkei 225 Tests Resistance.
It’s all about technical analysis and technical indicators. The chart patterns that you look for are more or less the same ones that you find in a technical analysis class. You see the trend lines are pointing in different directions and the market is very volatile and unpredictable.
Technical Analysis shows what to expect as this is where it gets exciting and profitable. It gives you the history of trends are based on past movements. This makes it easy to make a profit when they are going in the direction you expect. These charts show that the Nikkei is not going to rise to its full potential and is likely to fall in value after a short period of time.
We have seen Tech Rotary do this in the past and while it may be good for trading the Dow, there are no guarantees in the market. It takes a little more skill when it comes to predicting when a market will do something in the opposite direction of the trend.
This is why it’s so important to learn about technical analysis in the first place. Once you learn about technical analysis, then it’s just a matter of having the patience to wait for the patterns to show you where the trend is moving. It’s just like playing the game of baseball.
If you learn how to read charts and follow technical analysis, then you’ll be well on your way to making money in the markets. A lot of people like you have been making a lot of money in the markets and most of these are people who have been trading and studying the charts for years. They have the knowledge and information to know when to buy and when to sell. If you really want to make some serious money trading the market, then you need to master the skills of technical analysis.
One day, the Nikkei 225 might just drop again and if you’re smart, you’ll be in a better position to take advantage of this. and sell before it goes down.
Don’t get caught up in the hype that many traders get when the Nasdaq drops and use technical analysis to predict which way the trend will go. That’s all an indicator and not a proven strategy.
If you can find the best entry points on the Nikkei chart, then you could potentially double your investment before the Nikkei drops again. It will be a profitable move because the Nikkei can be a great indicator of future market trends.
The Nikkei can go up or it can go down, but it’s likely to either rise or fall in a short period of time. The Nikkei is not going to hold for long, so you should trade aggressively as soon as you see that it’s going up or down.
Once you master the art of technical analysis, then it’s just a matter of having the patience to wait for the patterns to show you where the trend is headed. It’s just like playing the game of baseball.
If you want to get in on the ground floor with technical trading, then there is a great program called “Chartist” that can help you find the top entries and exits to the Nikkei. This is an excellent software tool that can give you the inside scoop on the Nikkei and help you make some serious money.