Hi everyone,
I'm out from NASDAQ since mid-October, had a feeling that too high pricing combined with issues to come (inflation, bubble areas) will hurt bad.
I'm not that experienced to post on IXIC or SPX, but I think I share what I was looking at when distancing from risky positions:
- 100 week MA
- 200 week MA
And a dozen more reasons, including fundamental ones, but I think the distance from the above 2 explains everything.
I'm watching their area as bottoming targets: if wee reach 100week before July, I'll keep watching for Target 2.
If we have a solid and longer bottoming at 100 week around or later than June, I might believe that Target 2 will not come.
Cheers, and happy dip buying if you have patience and self-control to wait,
Antonio
I'm out from NASDAQ since mid-October, had a feeling that too high pricing combined with issues to come (inflation, bubble areas) will hurt bad.
I'm not that experienced to post on IXIC or SPX, but I think I share what I was looking at when distancing from risky positions:
- 100 week MA
- 200 week MA
And a dozen more reasons, including fundamental ones, but I think the distance from the above 2 explains everything.
I'm watching their area as bottoming targets: if wee reach 100week before July, I'll keep watching for Target 2.
If we have a solid and longer bottoming at 100 week around or later than June, I might believe that Target 2 will not come.
Cheers, and happy dip buying if you have patience and self-control to wait,
Antonio
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.