Nasdaq Composite Index to 12100 short

TVC:IXIC   NASDAQ Composite Index
Bubble has to be popped before it goes higher.
Trade active


12100 wouldn't be close to a bubble pop, just a small correction. If it goes up from there then the bubble is still expanding and will go sky high.
Double top could send it down to 10-11k, 12k is a good straddle point IMHO, could go either way from there.
To call it a Bubble pop would require it dropping back down to 7k at least.
+3 Reply
@RobBiddle thanks for your comment