AbhijitRath

Nasdaq the route is clear

Short
NASDAQ:NDX   Nasdaq 100 Index
in the previous post, I did say we are crashing and this is happening. Fundamentally, it is down as well. Shops closed, Restaurants closed, Flying banned, Travel Industry got hit. Apple stores closed in China, Alibaba took a hit.

So, Is there a possibility of a bounce. Fundamentally No. Companies are going to report losses. Losses after losses. And we have broken out the Channel today if the channel remains broken this week we are done we will definitely crash like the 2008 crisis.

No QE going to help this time we need more trillion dollars to be printed lets say a 10 trillion to temporarily save the economy

See you there.



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