TREND REVERSAL? Nasdaq is forming a head and shoulders pattern!
This year has been a wild ride for the Nasdaq and it seems this is just the beginning!
After a strong bullrun for the last 750 days the market is cooling down.
Political uncertainty (Syria, North Korea and the ongoing discussion of Russia's influence during the US election) combined with economical uncertainty (FED interest rate, ongoing China/US trade dispute) is making investors increasingly nervous.
I´m expecting a major correction in 2018 and think it is going to be way bigger than 2008.
Happy to hear the opinion of other investors, traders and experts on the tradingview platform.
After a strong bullrun for the last 750 days the market is cooling down.
Political uncertainty (Syria, North Korea and the ongoing discussion of Russia's influence during the US election) combined with economical uncertainty (FED interest rate, ongoing China/US trade dispute) is making investors increasingly nervous.
I´m expecting a major correction in 2018 and think it is going to be way bigger than 2008.
Happy to hear the opinion of other investors, traders and experts on the tradingview platform.