Crash happening now!
Crash happening now!
May 2016 was somewhat unexpected. Growing on tech hopium.
Now hopium is over. Reality sets in.
Trend is downward until October 2021. Could either take Route A and hit 600 points or Route B and hit 1600 points then 600 points in September 2029.
We are currently at ATH (all time high) and we won't see more heavy buyers (support, liquidity) here. Rich already into bonds market. They will not re-enter before we hit 600 points or below.
Buy either bonds, gold, silver or SQQQ (Ultra short ETF of QQQ x3).
May 2016 was somewhat unexpected. Growing on tech hopium.
Now hopium is over. Reality sets in.
Trend is downward until October 2021. Could either take Route A and hit 600 points or Route B and hit 1600 points then 600 points in September 2029.
We are currently at ATH (all time high) and we won't see more heavy buyers (support, liquidity) here. Rich already into bonds market. They will not re-enter before we hit 600 points or below.
Buy either bonds, gold, silver or SQQQ (Ultra short ETF of QQQ x3).
Nota
Focus is now on earnings for Tech companis (NAS). When quartal after quartal wakes up the reality call for investors and see that Tech is too overvalued compared to their expectations, time for drop has come.Nota
Earnings is the best way to measure a company performance. Either it is a dead horse or it is a strong horse.Nota
Tech industry has been in the market for many years now and from WOW phase to Hopium phase, now time has come to set back to reality in an Earnings phase.Nota
Remark: Too overvalued compared to their earnings expectations.Nota
People will move capital from stock market and into real estate. Expect real estate to rise.Nota
Nota
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.