NASDAQ 100: Wow, just look at this thing!

NASDAQ 100: Wow, just look at this thing!
How steep and how long can it grow?

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(typo: last crash was in "February 2020" of course)

Comment:

As Warren Buffett has been quoted, “The line separating investment and speculation, which is never bright and clear, becomes blurred still further when most market participants have recently enjoyed triumphs. Nothing sedates rationality like large doses of effortless money. After a heady experience of that kind, normally sensible people drift into behavior akin to that of Cinderella at the ball. They know that overstaying the festivities, that is, continuing to speculate in companies that have gigantic valuations relative to the cash they are likely to generate in the future, will eventually bring on pumpkins and mice. But they nevertheless hate to miss a single minute of what is one helluva party. Therefore, the giddy participants all plan to leave just seconds before midnight. There’s a problem, though: They are dancing in a room in which the clocks have no hands."

So the question is: When will the clock strike midnight and which companies will turn into pumpkins and mice first?

Take care!

Comment:

The Robin Hood from the saga took it from the rich and gave it to the poor.
Today the opposite has happened once again.
All those poor Robin Hood suckers who yesterday bought back into what they thought was the rising NASDAQ, oh so cleverly "at rock bottom knot of support", were fooled and ripped off again by the rich who know the game.
For now. Nothing is finally decided, but at the moment it looks like this

Comment:

Today there are some important news on the 30 minute chart.
I don't want to keep you from knowing them:

Comment:

NASDAQ futures about to trigger the same signal on the 2h chart

Comment:

ELVIS HAS LEFT THE BUILDING.

"All right, all right, Elvis has left the building. I've told you absolutely straight up to this point. You know that."
And I got a feeling he ain't gonna be coming back anytime soon...
Make sure to take all of your personal belongings with you and head for the nearest exit.

Have a nice weekend!

Comment:

So far, that was good advice to grab your thing and get out of here, wasn't it?

Well, in the meantime... The NASDAQ 100 is about to tell us something important, but it is still too excited and mumbles too much. I don't think he has understood what is going on himself.

Comment:

I don't know if this is a deciding factor or not, but on the 2 hour chart the red line has crossed the green and the blue one quite quickly, the last time this happened was on March 4th.