Nasdaq Ending Diagonal Short

NASDAQ Composite IndexNASDAQ

Description

⋅ Dec 22, 2023 5:27 AM

ending diagonal marks the end of the cycle
expect overthrow to occur by March 2024 with subsequent continuation of the bear market

Bottom somewhere in Oct 2025

Trend Analysis

Comments

brownian

⋅ Dec 25, 2023 12:45 AM

I would love to believe this, but it seems to me the fomo of chip stocks will take this to new highs before the bubble bust if there is ever going to be one. I'll assume bearish once the sentiment is fully bullish.

FrankBrugmanVsdfg

⋅ Dec 22, 2023 8:28 AM

nasdaq 16700