Outside candle close. Still short. Only concern would be to watch the Vix closed below initial support. Dollar held steady looks like it wants to break out. Looking forward to NCAA and NFL football 🏈 😃
my 2 cents:
short term recovery(2-3 weeks) : somebody or something saved markets on Friday(double bottom for now) , vix went sharply down(why?) DIX(dark pool) is up. put/call 0.83. more hype for apple with new 5g phone next week
mid term: (1-2 months) more correction. covid numbers rising, stocks are high, elections uncertainty.
long term: NASDAQ goes up. New tech/industrial revolution started by covid.(similar to atomic era started by 2nd world war)
The world will not be the same. New habits form.
Nasdaq and big corporations will continue absorbing and replacing small business.(wealth transition from many to few)
by the way , even now historical shiller value for NASDAQ is not the highest(it was even higher before)
akatsiya
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Double bottom? Divergence with vix ? Big apple news with apple next week?
Worldcat320dc
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Watching closely will exit positions if regains old support. It’s possible with Apple but still think we can touch the highs before drop in March then bounce so 80s
Worldcat320dc
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Highs in February* low 80s not March just double checked Apple 🍏
Worldcat320dc
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Also closed below yesterdays low another confirmation to stay short.
short term recovery(2-3 weeks) : somebody or something saved markets on Friday(double bottom for now) , vix went sharply down(why?) DIX(dark pool) is up. put/call 0.83. more hype for apple with new 5g phone next week
mid term: (1-2 months) more correction. covid numbers rising, stocks are high, elections uncertainty.
long term: NASDAQ goes up. New tech/industrial revolution started by covid.(similar to atomic era started by 2nd world war)
The world will not be the same. New habits form.
Nasdaq and big corporations will continue absorbing and replacing small business.(wealth transition from many to few)
by the way , even now historical shiller value for NASDAQ is not the highest(it was even higher before)