NDX Trendline
I constructed a simple trendline to estimate the time during which we will be in recession. I used the level at which governments around the world pumped stimulus money into the world economy as a reference point. My theory is that the market will correct itself to that level (maybe a bit higher) before going into a steady bullish trend.
It would be great to get your thoughts on this. :)
It would be great to get your thoughts on this. :)
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