In My View The Bubble Breakdown has Happened
It started with the interest rate factor on September 23 when the S&P was at 4450 and Nasdaq 100 was at 15294.
Today based on the Dollar move I feel we got confirmation on the close.
What does that mean going forward?
To me it means one can sell 38 to 62 % Fibonacci rallys with more confidence. One always has to keep in mind that the FED squeeze was behind this, and they are a big dog.
Leave a Reply