My feelings about the market :
I realized that the last ATH corresponds to the fibonnaci retracement level. I see its value which could perhaps go down to meet the 50MA, and in the worst case go down to the 200MA, in the 1W.
![My feelings about the market :](https://ussnsimg.moomoo.com/sns_client_feed/73762176/20240502/1714608703113-random2045-73762176-android-org.jpeg/big?area=103&is_public=true)
![My feelings about the market :](https://ussnsimg.moomoo.com/sns_client_feed/73762176/20240502/1714608704049-random4382-73762176-android-org.jpeg/big?area=103&is_public=true)
![My feelings about the market :](https://ussnsimg.moomoo.com/sns_client_feed/73762176/20240502/1714608704536-random4758-73762176-android-org.jpeg/big?area=103&is_public=true)
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Money Thrill : Indeed Kevin, bearish signals ....Hopefully it is a short setback because the economy is doing well ?
Over an long time, if I look over 30 years, is a long time Bull market for 5 years but you never know geopolitcal ?
Money Thrill : I suppose an sell off to 50MA to take profits from Institutionals?
Money Thrill : But what I see if I compare with a long ago is extreme volatility that we do not have on European Markets. I am from Belgium next France and Netherlands Asml, not far away.
Money Thrill : Note .. for $ASML Holding (ASML.US)$ they shall double capacity of compagny because they have NOW double orders. The surface of ground now shall double with government help of 2 billion for infrastructure works .., that's already counts![undefined undefined](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
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GameOverBro : I agree! looks to be hitting 4800 by june
Money Thrill : Yes, will definitely double![undefined undefined](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
![undefined undefined](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)