We had an impulse move downward, followed by a deep correction. Leading the common folk to think that the "recession" or calamity is over, but technicals and my belief is that we are going to see much lower prices on Nasdaq.
This recession that is on the rise is about to hit hard and sting the market real hard. However be aware that price can go up and create a double top, but I'll be keeping an eye out on PA to see what it suggests going forward.
Use this in line with your own analysis and trade safe and smart, always protection your capital in this trying times.
This recession that is on the rise is about to hit hard and sting the market real hard. However be aware that price can go up and create a double top, but I'll be keeping an eye out on PA to see what it suggests going forward.
Use this in line with your own analysis and trade safe and smart, always protection your capital in this trying times.