Don't let the "fundamentals" mess with your head.. NDX has another 36% climb ahead of it, before it's next serious correction...
I called the bottom of this correction quite accurately (In fact, I called it but 4 days in advance to my predicted date it bottomed...
This is a text book bull flag with a measured move to the 161.8
Perfect technical structure..
Time to be long is now..
QE is coming back, rates are going to ease off, money will flow out of bonds and T-bills and back in risk assets, elections are coming up soon, war is raging and is sadly a cash machine for defence stocks, CPI lags and the market is going to pump in expectation of further inflationary pressures down the road..
AI is booming and is inherently deflationary..
The most upside I believe will be in any crypto related stock plays, as it's tech category + highest asymmetry..
I called the bottom of this correction quite accurately (In fact, I called it but 4 days in advance to my predicted date it bottomed...
This is a text book bull flag with a measured move to the 161.8
Perfect technical structure..
Time to be long is now..
QE is coming back, rates are going to ease off, money will flow out of bonds and T-bills and back in risk assets, elections are coming up soon, war is raging and is sadly a cash machine for defence stocks, CPI lags and the market is going to pump in expectation of further inflationary pressures down the road..
AI is booming and is inherently deflationary..
The most upside I believe will be in any crypto related stock plays, as it's tech category + highest asymmetry..
Trade active
UP!Trade closed: target reached
161.8 tapped. Nuked right off it.. *Not Financial Advice*
*Only Risk What You Can Afford To Lose*
*Just Ideas, Not Investment Advice*
*Trade At Your Own Risk*
*Only Risk What You Can Afford To Lose*
*Just Ideas, Not Investment Advice*
*Trade At Your Own Risk*
Related publications
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.
*Not Financial Advice*
*Only Risk What You Can Afford To Lose*
*Just Ideas, Not Investment Advice*
*Trade At Your Own Risk*
*Only Risk What You Can Afford To Lose*
*Just Ideas, Not Investment Advice*
*Trade At Your Own Risk*
Related publications
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.