Posted by goldnice on 23rd of May 2021 at 08:40 pm
Nasdaq {Weekly Close}. Potential for a large bearish {H&S}
top setting up here with a perfect {Double Top}. 2 uptrend lines
from the March 2020 bottom have already been broken. Once we lose
$13k all hell will break loose. Only a move over $14,212 will
invalidate.
Posted by fredsaid on 24th of May 2021 at 12:58 am
I think the QQQs are doomed this year. They will lead the
small correction down now (good time to buy AMZN,GOOG,FB), then
they'll lead the bigger correction down later in the year.
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Nasdaq {Weekly Close}. Potential for
Posted by goldnice on 23rd of May 2021 at 08:40 pm
Nasdaq {Weekly Close}. Potential for a large bearish {H&S} top setting up here with a perfect {Double Top}. 2 uptrend lines from the March 2020 bottom have already been broken. Once we lose $13k all hell will break loose. Only a move over $14,212 will invalidate.
I think the QQQs are
Posted by fredsaid on 24th of May 2021 at 12:58 am
I think the QQQs are doomed this year. They will lead the small correction down now (good time to buy AMZN,GOOG,FB), then they'll lead the bigger correction down later in the year.