US Nas 100Short
Nasdaq game is On and could be brutal
In 2020, I shared the analysis of short and then it went backup . But, What followed was a biggest upside because of the unlimited QE . Now, That there is no QE but QT the excessive reserves are sent to economy. Previously, I said Fed needs a bailout of around $10 Trillion to save the crash . Bingo, Fed Reserves went as high as up to $9 trillion with unlimited brrrrrrrrr till 2021 and guess what that trick saved the market.
There is no QE but slowly QT and inflation coming under control the deflation is imminent.
Downside risks are becoming relevant.
Levels to watch for 10100
if supports break 9000's
if further breaks back to 2020's level 7000-8000
what's guaranteed - 10000
what's not guaranteed- 7000-8000
I am not a God but Engineer
There is no QE but slowly QT and inflation coming under control the deflation is imminent.
Downside risks are becoming relevant.
Levels to watch for 10100
if supports break 9000's
if further breaks back to 2020's level 7000-8000
what's guaranteed - 10000
what's not guaranteed- 7000-8000
I am not a God but Engineer
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