Nasdaq composite index projected to reach previous peak

To put it simple:

1. Change of Administration together with future Economic Policy and Priorities

1. Monday the 20th D.Trump is going to be inaugurated at the President of the USA. What we have learned from his election is that he is Nationalist (for his country only) and he is very close with Elon Musk. Therefore we can assume he is obligated to act accordingly to benefit these Tech and Crypto elites.

Currently the state of California is burning. Company headquarters in the valley are burning and Trump is obligated to be the hero t save them a with quick and cheap bailout money thus inject money into the market.

2. Technical Analysis

Ever since Nasdaq reach its peak during election week it has since retraced its value back to the initial price breakout forming a descending triangle with a support around the 21 100 /21 200 denomination. Using the total length of the triangle we have calculated a 1600 point move (3/4%) to the upside.

Remember this is not advise rather an objective opinion
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