RunningAlpha1

Market Panic To Give Way to a Turnaround in USA Equity Markets

Long
NASDAQ:NDX   Nasdaq 100 Index
A breakout above NASDAQ 100 overhead boundary range, resting at ( 4250 to 4275 ; September Futures Price Basis; Price is currently sitting at 4221.50 as of Aug 27th 1:30 AM EDT), would open up an imminent and highly dramatic follow-through rally in the very short term. Mid September to perhaps as late as early October still represents an excellent opportunity to add significantly to bullish thesis for NASDAQ Technology and USA Markets into early next year -- dominant move is up, with well over 1000 points upwards from current NASDAQ 100 levels into early next year. 3950 to 3799 is downside tail-risk in the event that margin selling spills over from further turmoil expected in Canadian and Emerging markets into September/ early October period. Time is more important than price, so what matters is to identify the markets and specific assets and industries that are expected to recover to persistent new highs with conviction. USA equity markets and USA Technology should benefit tremendously. The same cannot be said for Canada, as prolonged systemic risks are likely with elevated risk for continued episodes of extreme market panic. It will be important to pick your spots in a market of high-grade and relative strength stocks than investing in the whole stock market. Particularly after October period, the time you spend in a market of stocks will be more important than continuously timing the stock market as a whole. I will be holding an exclusive webinar series on applying chaos theory and machine learning for making sense of extreme market events with clarity before they start showing signs of weakness in the market tape. Stay tuned for further updates.

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