US Indices = Daily Analysis – Correction Over? = 06.01.2022 #SPX #DowJones $SPY #SP500 $DIA #ES_F $NDX $QQQ #ElliottWave

This is a perspective path for $NQ. If it reverses tomorrow, and the closing candles signal this option, the index could rally towards $17600, +11.5%, possibly in March.

Let’s listen to what RUT, SPX, DJIA and NDX candles have to say.

This daily overview contains:
– daily candle charts – analysis of candles;
– classical patterns in SPX and NQ;
– short term chart and forecast for SPX.

CANDLES
Daily

SPY and QQQ closed the day with nice Morning Star/Doji candles, signaling that the odds flipped bullish. IWM made a fair bullish Harami, setting a foundation for a rally as well. The only ugly duckling is DIA that has higher chances to continue down than upwards.
The patterns require confirmation and the lower lows would be quite normal as well.
The setup is there – let’s keep the fingers crossed for the green candles tomorrow.

The following section is available for the subscribers only. A $10 USD monthly subscription gets you access to the monthly and weekly analyses, mid and long term forecasts for cryptocurrencies, major US and some world indices, volatility index and DXY, precious metals and miners, commodities, popular stocks and more. There is no free trial. For $10 USD you can evaluate the service for a month and discontinue the subscription at any time.
https://investingangles.com/subscription/

Premium Content

Read more of this content when you subscribe today.

The series of 2022 Long Term Forecasts for SP500, ASX200, VIX, DXY, TSLA, FB, Silver, Gold, GDX, Bitcoin, Ethereum, Natural Gas and Oil/WTI can be viewed here:

If you already follow @InvestingAngles on Twitter and would not want to miss an important post, you can follow the blog on WordPress by email (free service). In this case, all posts will be sent to your inbox directly, including those with Premium Content. The Premium Content sections of the posts will be readable only if you have an active subscription.

A $10 USD monthly subscription gets you access to the monthly and weekly analyses, mid and long term forecasts for cryptocurrencies, major US and some world indices, precious metals and miners, commodities, popular stocks and more. There is no free trial. For $10 USD you can evaluate the service for a month and discontinue the subscription at any time.
https://investingangles.com/subscription/

%d bloggers like this: