Nasdaq will drop more
Updated
U.S. NASDAQ has lost its 200 days SMA.
according its price action , I think the correction will be finished when it drops at least more than 18% to reach its 200 weeks SMA , or it will be in a squeezing range situation for a long time , then 200 weeks SMA will come up to the price pattern.
in this moment , I will be cash or invest very tiny.
according its price action , I think the correction will be finished when it drops at least more than 18% to reach its 200 weeks SMA , or it will be in a squeezing range situation for a long time , then 200 weeks SMA will come up to the price pattern.
in this moment , I will be cash or invest very tiny.
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1st target is reached,
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