NDX / NASDAQ 100 Technochasm Bull Run
The NASDAQ 100 (NDX) 'Technochasm' is still showing strong momentum on the monthly Heiken Ashi.
A correction will come; but only time will tell when that time is. I am still holding a long position until the market proves otherwise.
Some of the top Nasdaq holdings are over-valued in my humble opinion, with AMZN leading the way BUT, it certainly appears the Technochasm bull run is not over yet, as AMZN has broken out on the weekly/monthly chart after moving sideways for the past 11 months. Will it continue to push upwards? We will see over the coming weeks...
A correction will come; but only time will tell when that time is. I am still holding a long position until the market proves otherwise.
Some of the top Nasdaq holdings are over-valued in my humble opinion, with AMZN leading the way BUT, it certainly appears the Technochasm bull run is not over yet, as AMZN has broken out on the weekly/monthly chart after moving sideways for the past 11 months. Will it continue to push upwards? We will see over the coming weeks...
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.