Nasdaq heading back to previous lows, but only up from there
NDQ has been severely overweight in the recent weeks. Mostly due to the carry trade with
NI225 plummeting practically out of nowhere then rebounding instantaneously. I believe the Nasdaq along with other indices are heading toward last month's lows in the coming weeks but will rebound and move upward from there. Recession? No I don't think so.
NI225 plummeting practically out of nowhere then rebounding instantaneously. I believe the Nasdaq along with other indices are heading toward last month's lows in the coming weeks but will rebound and move upward from there. Recession? No I don't think so.
Note
My next idea explains why this seems like the bottom.
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