Nasdaq 100 IndexUpdated The Next 2 days Forecast..!
These are my observations:
1- +17% surge in Nasdaq in the past 11 days:
Let's see if we can find anything close to it:
1- April 2-17 2020: When COVID Market Crash Finished.
2- March 9 -23, 2009:
3- Oct 9-23, 2002:
4- August 5-22, 2002:
Moreover, something like this or bigger happened during The Bubble.com crash at least 8 times..!
and we do not see anything near this during the past bull market.
Now, let's see What has happened after these surges:
1- April 2020: -5.8% in 2 days:
2- March 2009: -5.95% in 2 days:
3- Bubble.com: Needs no explanation:
Important questions need to be answered:
Which Scenario is more probable:
A significant Bullish rally like what happened after Post COVID Crash, or 2009?
or
More volatile markets like Bubble.com with wild moves?
Although the answer to this question is very hard, a 5-6% decline in 2-3 days could happen soon..!
Best,
Dr. Moshkelgosha M.D
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
1- +17% surge in Nasdaq in the past 11 days:
Let's see if we can find anything close to it:
1- April 2-17 2020: When COVID Market Crash Finished.
2- March 9 -23, 2009:
3- Oct 9-23, 2002:
4- August 5-22, 2002:
Moreover, something like this or bigger happened during The Bubble.com crash at least 8 times..!
and we do not see anything near this during the past bull market.
Now, let's see What has happened after these surges:
1- April 2020: -5.8% in 2 days:
2- March 2009: -5.95% in 2 days:
3- Bubble.com: Needs no explanation:
Important questions need to be answered:
Which Scenario is more probable:
A significant Bullish rally like what happened after Post COVID Crash, or 2009?
or
More volatile markets like Bubble.com with wild moves?
Although the answer to this question is very hard, a 5-6% decline in 2-3 days could happen soon..!
Best,
Dr. Moshkelgosha M.D
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
Note
and we go down once again
Use the following link to access trading ideas: patreon.com/SniperTraderStocks?utm_medium=unknown&utm_source=join_link&utm_campaign=creatorshare_creator&utm_content=copyLink
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.
Use the following link to access trading ideas: patreon.com/SniperTraderStocks?utm_medium=unknown&utm_source=join_link&utm_campaign=creatorshare_creator&utm_content=copyLink
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.