Q2 Idea for Nasdaq 100:
- Lines of Least Resistance established for NDX. We expect a drop, but a rise for the first half of the quarter is not out of the question.
- We are still bearish overall.
- Potential energy is a type of energy that is "hidden" in some way. It is a type of energy that can be converted to other forms and often is related to some attractive or pushing forces.
Attached is some previous Fundamental Analysis and related ideas.
GLHF,
DPT
Disclaimer:
We absolutely do not provide financial advice in any shape or form. We do not recommend investing based on our opinions and strongly cautions that securities trading and investment involves high risk and that you can lose a lot of money. Loss of principal is possible. We do not recommend risking money you cannot afford to lose. We do not guarantee future performance nor accuracy in historical analyses. We are not registered investment advisors. Our ideas, opinions and statements are not a substitute for professional investment advice. We provide ideas containing impersonal market observations and our opinions. Our speculations may be used in preparation to form your own ideas.