Possible EOY Santa Rally (Hot Take)
Confirmation bias is bad for you. If you are bearish, analyze the chart.
I do think we head lower next year. I find that
QQQ is trading in a bear flag. We are reaching the lower bound however and are due for a bounce in my opinion.
I'm typing this as the BoJ caused futures to drop 1% but I think we recover and see green tomorrow.
I think that we have a slow grind up until the end of the year, and then we plummet in January.
I do think we head lower next year. I find that
QQQ is trading in a bear flag. We are reaching the lower bound however and are due for a bounce in my opinion.I'm typing this as the BoJ caused futures to drop 1% but I think we recover and see green tomorrow.
I think that we have a slow grind up until the end of the year, and then we plummet in January.
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.