NQ 2024 possible moves
Firstly, the bearish engulfing candle on last weeks move.
This for me will be the first punch in which is going to a slug fest this year.
The market carries in overwhelming bullish sentiment into 2024 post the AI frenzy last year and Powell's suggestion that US interest rates may have peaked.
Opinion is divided and throw in major elections this year i can only see increased volatility this year and you will need to strap yourself in.
This for me will be the first punch in which is going to a slug fest this year.
The market carries in overwhelming bullish sentiment into 2024 post the AI frenzy last year and Powell's suggestion that US interest rates may have peaked.
Opinion is divided and throw in major elections this year i can only see increased volatility this year and you will need to strap yourself in.
Mark Langley
It is so challenging to fight a trend which is so well established and underpinned by AI stock's in demand.
For me watching price action if the ST top isn't in the next test at 18 000 or just over will prompt a larger correction and that correction should see a test of 16600.