But for those who have been kind enough to follow- it's yours too
NAS vs SPX
NAS COULD be at a bottom as per the geometry
As per the SAME geometry (major pitchfork pre and post corona and at the last high) SPX can't be
That nails on a target of 3600 for SPX which would put NAS down to 10k
GRI 2022
NOT TRADING ADVICE
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stick a fork in big tech
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So this is part of my bullish case. Price did exactly what it need to do on both indices in the allotted time. This was a controlled sell exactly to target for BOTH indices. This isn’t a coincidence.
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Pitchfork lines (medians and paramedians) are not support/resistance they provide ZONES OF INTEREST. Both indices have bottomed at exactly the predicted zones unless proven otherwise. Of course we have to see what price does…