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Is Nasdaq currently in an accumulation phase?

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Invesco QQQ Trust, Series 1 (NASDAQ:QQQ)  
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NASDAQ:QQQ   Invesco QQQ Trust, Series 1
Supply and Demand Support and Resistance Volume nasdaq QQQ NASDAQ 100 CFD wyckoff accumulation wyckoffaccumulation nasdaqlong
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supplyanddemand supportandresistance volumestudies nasdaq qqq ndx wyckoff accumulation wyckoffaccumulation nasdaqlong
This Idea is based on Wyckoff's theory. Considering the current bearish sentiment in the markets, it is from a contrarian perspective not improbable that we are actually in an accumulation phase indicating significantly more upside for Tech stocks and the Nasdaq. Also, this aligns with my previous long term analysis of the VIX which indicates that the current bull run is far being over!

Idea Berkaitan

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The VIX is a powerful indicator for market corrections!
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