Short
Tapering VS Nasdaq
"Tapering" by definition is the reduction of the rate at which a central bank accumulates new assets on its balance sheet under a policy of QE. It is the first step in the process of either winding down—or completely withdrawing from—a monetary stimulus program that has already been executed.
The highly inflated market -still- is headed for a fierce battle, breaking below Pre-COVID peak will whey heavily on Fibo levels. Nasdaq peaked during COVID due to the restrictions and WFH, taking that out of the equation - is it really worth the current values? we at Lacasa doubt it.
The highly inflated market -still- is headed for a fierce battle, breaking below Pre-COVID peak will whey heavily on Fibo levels. Nasdaq peaked during COVID due to the restrictions and WFH, taking that out of the equation - is it really worth the current values? we at Lacasa doubt it.
Note
Spot on so far.
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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.