My analysis shows the global and US markets are contracting HARD. Be prepared for the NQ to fall to the lower GREEN price channel before finding any real support.
I focus on longer-term analysis, broad market cycles, and technical analysis.
This move is just starting and the US Fed is attempting to burst the asset price bubble. Stay protective related to your assets. Move to CASH if you are unsure where to invest.
The NQ may bounce a bit near this current support level, but I see it falling to 13,615 before attempting to find any real support.
I focus on longer-term analysis, broad market cycles, and technical analysis.
This move is just starting and the US Fed is attempting to burst the asset price bubble. Stay protective related to your assets. Move to CASH if you are unsure where to invest.
The NQ may bounce a bit near this current support level, but I see it falling to 13,615 before attempting to find any real support.
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