Circumstances are different, but technicals are similar between tech bubble and the current correction.
I think we are experiencing the final uptrend before NDX tanks.
The final drop is usually the most severe.
This correction formation also repeated in 2018 (when viewed on a daily timeframe).
I expect we have several more months to go before we reach bottom.
Good luck
I think we are experiencing the final uptrend before NDX tanks.
The final drop is usually the most severe.
This correction formation also repeated in 2018 (when viewed on a daily timeframe).
I expect we have several more months to go before we reach bottom.
Good luck
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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.