NDX Breakout of 10 year channel....also happened in 1996
Back in 1996 an RSI record was set on this break out and everybody thought a collapse back into the channel would happen. But then that RSI record was broke over and over, and over, until 2000 bubble bursts.
I am not sure how this will play out in the long run, but we could be just at the beginning of an enormous tech bubble 2.0.
This is just food for thought.
I am not sure how this will play out in the long run, but we could be just at the beginning of an enormous tech bubble 2.0.
This is just food for thought.
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