General Info:
- On the linear scale, the NASDAQ has made a parabolic move (2009 - Now).
- The 2009 crisis was never properly fixed. The government placed a bandaid on the debt problem by bailing out all of the banks/corps.
- TECH is the future but speculation is the bubble fueler.
- Margin debt is at ATH
- Transportation Index is down
- "Meme Stocks", Robinhood era - dumb money
- COVID Massive Printing (1/3 of Economy $$ printed in 1 year)
- Joe Biden's trillion-dollar infrastructure plan + corporate tax hikes
- COVID DELTA, Afghanistan... (current events)
- Bull/Bear markets come in cycles
- Overvalued markets as a whole (real estate, crypto, NFT...)
What to expect:
Following the Log Scale, one would expect the biggest crash in history to occur when the NASDAQ reaches the red line (maybe 55K a couple of years down the road (around 2031)), however, this is not feasible. There simply isn't enough liquidity to keep the markets going in an upward direction for years. As we are over-valued, we can expect a correction/crash at the current GANN line we are approaching. There isn't an exact timeline as to when we will touch and react, but here is the scenario:
17K by end of December then crash. If we impulse then 19k. If we keep going up then 22K Q2 2022. It will either be a blowoff top or a stagnation for a couple of months around the PT before downwards movement. An impulse to 22k mid-2022 followed by stagnation can carry the crash over into 2023.
In summary, 17K, 19K, or 22K. EOY or Q2 2022. Have patience and an exit plan. Good Luck!
- On the linear scale, the NASDAQ has made a parabolic move (2009 - Now).
- The 2009 crisis was never properly fixed. The government placed a bandaid on the debt problem by bailing out all of the banks/corps.
- TECH is the future but speculation is the bubble fueler.
- Margin debt is at ATH
- Transportation Index is down
- "Meme Stocks", Robinhood era - dumb money
- COVID Massive Printing (1/3 of Economy $$ printed in 1 year)
- Joe Biden's trillion-dollar infrastructure plan + corporate tax hikes
- COVID DELTA, Afghanistan... (current events)
- Bull/Bear markets come in cycles
- Overvalued markets as a whole (real estate, crypto, NFT...)
What to expect:
Following the Log Scale, one would expect the biggest crash in history to occur when the NASDAQ reaches the red line (maybe 55K a couple of years down the road (around 2031)), however, this is not feasible. There simply isn't enough liquidity to keep the markets going in an upward direction for years. As we are over-valued, we can expect a correction/crash at the current GANN line we are approaching. There isn't an exact timeline as to when we will touch and react, but here is the scenario:
17K by end of December then crash. If we impulse then 19k. If we keep going up then 22K Q2 2022. It will either be a blowoff top or a stagnation for a couple of months around the PT before downwards movement. An impulse to 22k mid-2022 followed by stagnation can carry the crash over into 2023.
In summary, 17K, 19K, or 22K. EOY or Q2 2022. Have patience and an exit plan. Good Luck!
