The leading Nasdaq companies are still holding the market against the medium-term bearish outlook.
Are these rising wedge patterns signaling a bearish short-term outlook, given the pressure on liquidity from the rising 10Y and Fed's QT?
Or will the confidence in the ever-growing 9 year bullish market help Microsoft, Amazon, Intel, Apple and Netlix break to new all-time highs?
Are these rising wedge patterns signaling a bearish short-term outlook, given the pressure on liquidity from the rising 10Y and Fed's QT?
Or will the confidence in the ever-growing 9 year bullish market help Microsoft, Amazon, Intel, Apple and Netlix break to new all-time highs?