Market Top? Considering the sharp decline in the Nasdaq during the Asian session on Monday, my current expectation is that prices should break below or reach around 20,300 before a meaningful rebound occurs, followed by a continued downtrend. This week, it is crucial to closely monitor market performance and adjust strategies accordingly.
Based on the price action from December to January, I believe there is a high probability of a major downturn ahead. However, if the price rebounds and breaks above 21,675, the current assumption will need to be reassessed.