These similarities between 2 charts are just my observations:
1- The past 3 years of NASDAQ100 vs 1987-1990 for NI225:
2- The past 14 years of NASDAQ100 vs 1975-1990 for NI225:
3- The past 50 years of NASDAQ100 vs 1950-1990 for NI225:
This observation is raising the probability that we may have a long way to go to declare the market bottom..!
Best,
1- The past 3 years of NASDAQ100 vs 1987-1990 for NI225:
2- The past 14 years of NASDAQ100 vs 1975-1990 for NI225:
3- The past 50 years of NASDAQ100 vs 1950-1990 for NI225:
This observation is raising the probability that we may have a long way to go to declare the market bottom..!
Best,