Tech Stocks Looks Bullish Into Year's End (Neowave/Elliottwave)
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Based on Neowave principles, it seems like major stocks (and non-crypto tech stocks in particular) will continue to rally into the end of the year, followed by a long correction in 2024.
After wave-E is finished in early 2025, we should see one of the largest bull markets since the 1990s. This will complete a 25-year correction which began in 2000 when the last tech bubble popped, and begin a new tech bubble which could last 10-20 years. This next bubble will likely be built on the backs of AI and crypto, as well as persistently high inflation.
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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.