first six months of the year has been bad for nasdaq. it has made more than 30% correction after coronavirus boom.
this series of lower low and lower high has made falling wedge pattern
in this downward correction because fed QT beginners investor made loss while big investor were waiting from sideline for 30% correction.
new quarter and new half of the year and recession in usa has been started
✅will Nasdaq benefit form portfolio rebalancing in H2 2022 ?
✅will nasdaq make new all time high in stagflation (because it will take several years to send inflation back to 2%)
✅will fed pause rate hike in September fomc ?
this series of lower low and lower high has made falling wedge pattern
in this downward correction because fed QT beginners investor made loss while big investor were waiting from sideline for 30% correction.
new quarter and new half of the year and recession in usa has been started
✅will Nasdaq benefit form portfolio rebalancing in H2 2022 ?
✅will nasdaq make new all time high in stagflation (because it will take several years to send inflation back to 2%)
✅will fed pause rate hike in September fomc ?
Comment:
chart pattern breakout retest done
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