Nasdaq Bear Case.
Good evening,
This post is part of a series of requests i recently received.
The request was: "What is your bearish projection on the US stonk market".
---
Well, this right here is my primary bear case for the Nasdaq. Keep in mind, this is just a single bear case from my perspective; there's always many different potential outcomes, and it's my duty to discover them, and share them with you - the trader.
>Just because you are seeing this picture here today, does not mean this is what will happen [even though there's a very high probability that it will].
---
Tuesday November 29th 2022 ~ December 21st 2022 = my calculated top for the Nasdaq.
Estimated to sit between $13,016 ~ $15,308.
High probability target = $13,697.
ps. if money rotates, or a proper catalyst appears, nasdaq could squeeze up to some of the higher targets on my chart to create a regular or expanded flat.
---
Friday May 12th 2023 ~ Tuesday October 24th 2023 = my calculated bottom.
Estimated to sit between $9449 ~ $7361.
High probability target = $8085.
---
🔺
This post is part of a series of requests i recently received.
The request was: "What is your bearish projection on the US stonk market".
---
Well, this right here is my primary bear case for the Nasdaq. Keep in mind, this is just a single bear case from my perspective; there's always many different potential outcomes, and it's my duty to discover them, and share them with you - the trader.
>Just because you are seeing this picture here today, does not mean this is what will happen [even though there's a very high probability that it will].
---
Tuesday November 29th 2022 ~ December 21st 2022 = my calculated top for the Nasdaq.
Estimated to sit between $13,016 ~ $15,308.
High probability target = $13,697.
ps. if money rotates, or a proper catalyst appears, nasdaq could squeeze up to some of the higher targets on my chart to create a regular or expanded flat.
---
Friday May 12th 2023 ~ Tuesday October 24th 2023 = my calculated bottom.
Estimated to sit between $9449 ~ $7361.
High probability target = $8085.
---
🔺
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.