The market seems to be recovering and more and more positive ideas are emerging. However, on a weekly timeframe, the NDX appears to be forming a pattern very similar to what we saw at the end of 2021. Even the RSI shows remarkably similar levels.
Personally, I’m staying cautious. I haven’t taken a position yet, but I’m ready to buy in on the next significant dip. I’ve set my alert around 14,500 – let’s hope we reach that level again. 😉
What are your thoughts on this? Feel free to share your opinion!
Personally, I’m staying cautious. I haven’t taken a position yet, but I’m ready to buy in on the next significant dip. I’ve set my alert around 14,500 – let’s hope we reach that level again. 😉
What are your thoughts on this? Feel free to share your opinion!
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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.