MarkLangley

13 October 23 this move started at 10484.75 peaked 8 March 24

CME_MINI:NQ1!   NASDAQ 100 E-mini Futures
13 October 2023 this move started at 10484.75 and peaked on 8 March 2024 at 18709.
The AI mania and perceived Fed 7/8 cuts took hold of the market. But even now that the potential for the 7/8 cuts have evaporated into maybe 0/2 the market continues to press higher. No meaningful correction has been seen, and after this week it's possible that we extend to the highs again before we see the possibility of a decent correction

Mark Langley
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