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UnknownUnicorn5511258
Jan 13, 2021 4:27 PM

Nasdaq Truncation For the W Short

Description

If it holds this truncated ending, will be electric.


-Pig


NASDAQ:NDX
CURRENCYCOM:US100
EURONEXT:INQQQ
Comments
masumbillah494
Awesome post
scheplick
My question is where else should money go?

Once I figure that out, I do agree. I am only growing to the TINA concept. There is no alternative
benbllngr
@scheplick good question at the moment. there may come a time where investors will move to less risky investments and money would then leave the stock market. the market can flip very quickly when smart money exits - stage left
UnknownUnicorn5511258
@scheplick, yes - but the problem is that it's an existential issue, so the market wont care.

Yet, I do feel you and see three alternatives, maybe four that will play nicely on an equity exodus:

i) Gold
ii) Silver
iii) Platinum

iii.a) Not Palladium

iv.) Ethereum - only if it decouples from BTC a bit on its next corrective.

Otherwise, I think the next market will look like that of the 1970s, where metals and oil dominated via mining stocks and a skyrocketing underlying.

The main difference that I see for the next market and then is that nobody has the attention span to trade three (very plain) assets. Thus, I think alt coins may serve the same purpose that biotech penny stocks used to.

Agree with your point and its not going to be much fun unless you catch a long-term short at the top here.
GreenCandleTrading-GCT
@scheplick, DOLLAR!!!
Aubrey_Banks
Great analysis!
abel11
excellent analysis. Keep up.
Mark_demariya
nice..
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