Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
2022 vs 2008
Nasdaq 100 Index
Short
2022 vs 2008
By Moshkelgosha
Follow
Follow
Aug 8, 2022
5
4
6
6
Aug 8, 2022
NASDAQ behavior is very similar to March-June 2008 when NASDAQ bounced back 23% in less than 3 months and then a 50% collapse happened!
I recognized this similarity as early as March 15, 2022:
If you think in an overheating economy like this, the market will survive Quantitative Tightening, read this post:
Margin data has a lot to say about the market trends: A 25% decline indicates how bearish the outlook is!
Best,
Chart Patterns
moshkelgosha
Trend Analysis
Moshkelgosha
Follow
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
Also on:
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
.