md jamal
reacted to
A quick update, here we go
$E-mini NASDAQ 100 Futures(DEC4) (NQmain.US)$
We had a good pullback overnight. PMI gets released shortly after open, It should act as a reason to move. I expect up 15300-15350. Downside support is 15000. Below 14960 and prepare to get more bearish.
$Invesco QQQ Trust (QQQ.US)$
Similarly, I expect to finish the move up. Today, I think we hit the 368, maybe 369. Then I would exit. Support is 360, and 359 below 359 get bearish to 355. The 200MA at 362 ne...
$E-mini NASDAQ 100 Futures(DEC4) (NQmain.US)$
We had a good pullback overnight. PMI gets released shortly after open, It should act as a reason to move. I expect up 15300-15350. Downside support is 15000. Below 14960 and prepare to get more bearish.
$Invesco QQQ Trust (QQQ.US)$
Similarly, I expect to finish the move up. Today, I think we hit the 368, maybe 369. Then I would exit. Support is 360, and 359 below 359 get bearish to 355. The 200MA at 362 ne...
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md jamal
commented on
Authored by Simon White, Bloomberg macro strategist
There is a growing cottage industry in comparing today's equity market to the bursting of the tech bubble in 2000 and the financial crisis beginning in 2007. But it is the differences that are more notable than the similarities.
While the 2000 and 2007 market peaks serve as benchmarks in many aspects, the dissimilarities exhibited in today's market make it...
There is a growing cottage industry in comparing today's equity market to the bursting of the tech bubble in 2000 and the financial crisis beginning in 2007. But it is the differences that are more notable than the similarities.
While the 2000 and 2007 market peaks serve as benchmarks in many aspects, the dissimilarities exhibited in today's market make it...
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