Nasdaq bear flag, ready for second leg down?

3 585
Almost becoming a standard for the stock market to bounce right back up again after some bad bearish news and price action. This time there is a chance things might be a bit different though. On the left it looks like there is a real resistance zone now inside this bear flag. I have not posted much about these markets, because the noise has been extreme past year. But now it's worth it. Because if the curved blue line on the right holds, bearish price action could become real for the coming period. Maybe even a real bear market. But as soon as the curved line breaks, i will very easily step back again from that assumption and open again for both sides. There has been no logic at all IMO about the stock market. Everything can blow up easily IMO, but those thoughts have been with me for a very long time now. It has become clear, that as long as intrest rates don't increase, the inflow of (borrowed) capital could continue to push the stock market up. So it could be that as long as intrest stay this low, the bear market simply won't start.

면책사항

해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.