Nasdaq crash mirroring the 2008 GFC crash
Updated
If this continues then expect a tiny relief rally but mostly a consolidation pahse this summer and then sometime between mid-Sept to mid-Oct expect the bull run to start if and only if the Fed reverses course otherwise this fails.
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Nearly a month since I posted this idea and the NDX is still tracking perfectly to how it performed during the 2008 GFC which is as close to a comparable macro-level event as we are going to get. Still expecting a steady climb before the final capitulation sometime between mid-Sept and mid-Oct, at which point the bear market can officially end.
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