The trend of NASDAQ will continue downwards for a few more months. There is a definite channel, but the Great Fall of China dived out of the channel. At present we are hitting the bottom of the channel, but, rather than another dive, a upswing is quite possible.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.