Long
Healthy pull-back in NASDAQ
Tech stocks have retraced around -9.4% from their all time highs. I expect the FED to continue to reiterate that they will be keeping rates low for a long while. This should see interest rates settle from their recent pick-up. On this basis, I expect the bullish trend to continue out of this pull-back reaching new all-time-highs by mid-summer.
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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.