Nasdaq update: is it the end of the bear market?
Updated
In 10 years and more, this monthly moving average (mm30) has accompanied the Nasdaq on the upside. It is now in the vicinity of the moving average again. it is also in the vicinity of the 0.618 Fibonacci support. We will see in the coming days if this downward movement is at the bottom. Obviously, it is not recommended to place bets. We are certainly in a very interesting monthly area.
Growth over the past two years has been very strong, not always supported by above-average earnings. It is advisable to be cautious and to always look at the data on home sales and unemployment.
It is interesting to see how the strength of the dollar might have ended at this time as well. I recommend monitoring both charts. Good luck
Growth over the past two years has been very strong, not always supported by above-average earnings. It is advisable to be cautious and to always look at the data on home sales and unemployment.
It is interesting to see how the strength of the dollar might have ended at this time as well. I recommend monitoring both charts. Good luck
Order cancelled
Not now. lol
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