Here is an idea of how I see Nasdaq's momentum coming to an end.
The monthly trend has a clear resistance that is confluent to the last downtrend's reversal point.
I don't think there's new money enough for such a reversal.
More of a money grab IMO.
The monthly trend has a clear resistance that is confluent to the last downtrend's reversal point.
I don't think there's new money enough for such a reversal.
More of a money grab IMO.
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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.