Is the Nasdaq Giving Us Bearish Clues Again?
In late December 2021 and early January 2022, Nasdaq Composite index gave us a subtle clue or "tell" by not making new highs, unlike the DJIA and the S&P 500. Let's check out a couple charts of the Nasdaq Composite and some of my go-to indicators to see if this is the index to watch closer. In the daily Japanese candlestick chart of the Nasdaq, below, I can see a cautionary picture.