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Nasdaq Composite US stock market index forecast - updated for 05th February 2016, Friday.


NASDAQ COMPOSITE


Nasdaq Composite index witnessing selling pressure from its 38.2% fibonacci retracement resistance zone, technical indicates as long as it holds below bears will be favored and further weakness can be seen in coming days.

It index falls further then on down side will find support at its recent bottom as shown in above image.

Suggested reading - Visit link to see more US stock market tips and forecast.

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What is Intraday Tips ?

Q. What is Intraday Tips / Inraday Trading / Delivery trading.

A. There are basically two types of trading on stock market--
1- Delivery
2- Intraday

Delivery trading is one in which shares are bought and can only be sold after they are delivered by the broker.that means that they cannot be sold the same day , and delivery takes two to three days after they are bought and then they are ready to be sold.

Intraday trading which takes place for that very particular day and there is no delivery..they can be bought and sold the same day...and are automatically sold at the end of the trading session if you have not sold it by yourself during the trading session. The person who suggest such types of forecast is called

Intraday Tips

.