Greetings TradingView!
Time for a monthly forecast/overcast/Zach's Cast
We see a strong bullish move from a crazy low, we know the companies leading the way in the index, so we should back them when they need us the most... We wait for them to fall, then we help them back up.. Something you would of heard growing up as a child or even that's still being said today is:
Buy low, sell high.
This requires patience.
We will see NAS test the high of 9689 - 9760 followed by a anticipated new HIGH for the year, before we do see any major rejection, now when I say major rejection I don't mean a recession. If Trump lets USA go into recession he'd be voted out of power, businesses would suffer, then we would have a real pandemic on our hands... This coronavirus stuff was just a cover up for the larger picture.
But don't forget, previously, when NAS did reach a new high we did see a 32 month crazy low. Almost to the lowest it's ever been. So remember this, when we do see the high, we should anticipate a very big fall, but not to anything below 6180 (Golden Fibonacci)
I hope you all enjoy.
Give this idea a like, comment, help support a bloke that supports you.
Time for a monthly forecast/overcast/Zach's Cast
We see a strong bullish move from a crazy low, we know the companies leading the way in the index, so we should back them when they need us the most... We wait for them to fall, then we help them back up.. Something you would of heard growing up as a child or even that's still being said today is:
Buy low, sell high.
This requires patience.
We will see NAS test the high of 9689 - 9760 followed by a anticipated new HIGH for the year, before we do see any major rejection, now when I say major rejection I don't mean a recession. If Trump lets USA go into recession he'd be voted out of power, businesses would suffer, then we would have a real pandemic on our hands... This coronavirus stuff was just a cover up for the larger picture.
But don't forget, previously, when NAS did reach a new high we did see a 32 month crazy low. Almost to the lowest it's ever been. So remember this, when we do see the high, we should anticipate a very big fall, but not to anything below 6180 (Golden Fibonacci)
I hope you all enjoy.
Give this idea a like, comment, help support a bloke that supports you.