CommoditiesTrader
Short

Tech Bubble 2.0

CME:ND1!   Nasdaq 100
The NASDAQ is very, very likely to burst within two years. Over-valuation based on ZIRP and other factors will contribute to add fuel to the fire. We have see the index crack before, and the higher it goes, the further into the abyss it will go.

Price action over the last couple years has be higher, clearly. But, it has be steeply higher with no real consolidation - let alone a significant pullback.

This idea is longer-term (2-3 yrs.), and I fully understand that the index could very likely push higher to the peaks, if price action can break out of the ascending channel . However, in my opinion, there is far more reward to the downside, and I would accumulate long-term short positions and hedge accordingly if needed.
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out