If the NDX breaks down below this key trendline, the the stock market bubble is likely popping and perhaps we see a decade+ of depression. Otherwise, this is a normal backtest and we may see a few more months or even YEARS (yes years) of bull market as fed re-inflates financial markets and devalues USD.
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.
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.