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FAANG stocks have reverted to StdDev center - finding support
FAANG stocks have reverted more than 15% recently - attempting to find support.
My predictive modeling systems are suggesting the markets are still holding a long-term bullish price trend (for now).
Even though the short-term price trend is bearish, pay attention to how this "revaluation" process is playout out and how the strength of the US Dollar results in a determined "Capital Shift" related to US assets.
We may see some surprising price moves over the next few weeks and months ahead. If you are skilled enough, there may be some great opportunities for 5 to 10+ day trades over the rest of 2022.
Look for support near $13,050 on the NQ to hold (briefly).
My predictive modeling systems are suggesting the markets are still holding a long-term bullish price trend (for now).
Even though the short-term price trend is bearish, pay attention to how this "revaluation" process is playout out and how the strength of the US Dollar results in a determined "Capital Shift" related to US assets.
We may see some surprising price moves over the next few weeks and months ahead. If you are skilled enough, there may be some great opportunities for 5 to 10+ day trades over the rest of 2022.
Look for support near $13,050 on the NQ to hold (briefly).
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