There are some similarities with ndx rise in 1990s. Then ndx was trading in ascending channel for few years and broke upside, tested it few times and decided to find new parabola and dot.com bubble was born.
This time it was trading for 10 years in channel, broke it down in corona bottom but it was fake break and now broke it to the upside, successfully tested it..so if ndx stays above that channel (choppy style)...it could find new parabola that could finish at the end of upper channel...it would be known as helicopter money bubble or whatever.
If it does not succeed to stay above i expect to fall to lower band channel.
This time it was trading for 10 years in channel, broke it down in corona bottom but it was fake break and now broke it to the upside, successfully tested it..so if ndx stays above that channel (choppy style)...it could find new parabola that could finish at the end of upper channel...it would be known as helicopter money bubble or whatever.
If it does not succeed to stay above i expect to fall to lower band channel.
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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.