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Pullback in tech is imminent 🚨
Nasdaq 100 Stocks Above 5-Day Average
Short
Pullback in tech is imminent 🚨
By Big_Bull21
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Nov 7, 2023
1
Nov 7, 2023
The percentage of stocks above the 5-day moving average hit 96% ⚠️
We have seen a cooldown every time the tech got this over-extended in a short period of time.
6 years of data on this chart suggest a meaningful pullback/correction is coming.
Simple yet very effective. This time it's going to be no different.
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