kerdirks

IXIC Bullish Pre-Election

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kerdirks 已更新   
NASDAQ_DLY:IXIC   納斯達克綜合指數
The index has been forming what appears to be a Head & Shoulders pattern for time now.
The confirmation appears to have been confirmed recently.
NFA DYOR

Am expecting an ATH around the $20k zone; let's see if it can get there.
評論:
Retracing to trendline support; looking good ... expecting more upside.
評論:
$20k is the target of the Head & Shoulders pattern; but that won't be the ATH.
Am expecting $30k as the ATH as it appears to be the 2.414 extension.
See also FI (Fiserv) and NVDA (Chip Maker) as am expecting them to 2X - 3X in the near term.
評論:
Sources are injecting tons of liquidity into the market pushing it up ahead of the election. The FED is holding steady on interest rates while WTI/Oil is heading higher fueling more inflation for the coming months.
Expected ATH target is still in the $20k zone.

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