DrJLT

NASDAQ retreats to 8200: Bull or Bear ahead?

Short
NASDAQ:NDX   Nasdaq 100 Index
It appears that a retest of the support at 8250 is likely in the coming days. The question would be whether the support of 7650-8250 is enough to absorb the momentum.

On the fundamental level, if virtually unlimited amount of money is injected to the stock market share prices should go up.

This makes me think that trillions more will likely be injected later this month.

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