Update 4 - back DOWN to parabolic channels in NASDAQ (lol)
I drew this as a chart artist a few months ago on the simple assumption that if nothing matters and we have QE infinity, then why not have a parabolic ramp. I was surprised we blew past parabolic into rocket bubble mode. Many just told me to shut up and BTFD. Hahaha! Now, we have hit upper channel parabolic resistance. The fed (politically motivated treasury) will surely try and jawbone this up up and away. Let's see what happens. [ Long Gold ]
Related publications
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.
Related publications
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.