Acuity Signal Centre: Indices 25 Mar 2022

25 Mar 2022
6.56pm SGT

DOW30

Bias: Bullish

We look to Buy at 34365 with target prices of 34743 and 34998, and a stop price of 34241

Confidence: 40%

Technical Analysis

  • Preferred trade is to buy on dips
  • 50 4hour EMA is at 34312
  • Trading within a Bullish Channel formation
  • Previous support located at 34300

NASDAQ

Bias: Bullish

We look to Buy at 14454 with target prices of 14800 and 14990, and a stop price of 14325

Confidence: 40%

Technical Analysis

  • Preferred trade is to buy on dips
  • Daily signals are mildly bullish
  • Prices expected to stall near trend line support
  • We can see no technical reason for a change of trend

US500

Bias: Bearish

We look to Sell at 4582 with target prices of 4517 and 4440, and a stop price of 4607

Confidence: 40%

Technical Analysis

  • Previous resistance located at 4580
  • Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible
  • Selling spikes offers good risk/reward
  • This provides an excellent risk/reward opportunity to fade the current bullish move
  • Preferred trade is to sell into rallies

Trading ideas at a glance.
Download the Acuity Signal Center plugin.

The Acuity Signal Centre combines experienced, human-led analysis with powerful AI technology to conduct deep analyses of the markets whilst drawing on professional trading expertise to deliver transparent trade ideas that support novice and advanced traders alike.

  • Clear Calls to Action

Each trade idea consists of clear target levels, confidence ratings, and continuous updates

  • Transparent Strategies

Every trade idea is generated by a team of expert analysts and is accompanied by the strategies behind them

  • Performance Monitoring

The performance of every signal is monitored and translated into the confidence rating of each new signal