NASDAQ - What would dot com 2.0 look like?

١١ يونيو ٢٠٢١

Having a little charting fun this morning. Maybe this idea seems irrational, but I can only say that after watching how strong the NASAQ has performed over the last year nothing is impossible. If you just ignore the prediction part and look at where NDX sits today, then you can clearly see that it strongly broke above and has held the decades long trading channel. Does this just mean the NDX has peak at 1.236 fib and looking to correct, or will the irrational exuberance take us to dot com 2.0?

Good luck!

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