Larry7343629

The Finish of the Nasdaq Bull Cycle

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NASDAQ:NDX   Nasdaq 100 Index
Is this it for the Nasdaq bull cycle? The fed has inflated a huge tech bubble and this looks to be the peak. Just take a look back to 2000. It could continue on but not without a retracement to the 200 week moving average at least. There has been way too much bullish sentiment in this market and it's time to zoom out and take a look at the bigger picture.

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