NQ - Hyper Bubble Targets into August 25, 2021
NQ is behaving differently and remains the most overcrowded
trade of all Instruments.
The higher Targets, as absurd as they may seem, have an
increased probability of completing the Blow Off in Tech.
As improbable as this may seem, it has a higher probability
at this moment in time.
There is immense Risk into TECH EPS next week. The decline
in overall demand will begin to appear in Q2 EPS, but will
not begin to show up in force until Q3. This will be front
run ahead of September Q3 closes. It will be apparent then
Economic Activity has rolled over.
These ranges are extreme, we realize this, but would be remiss
if we did not provide all of the potential Extensions for NQ.
The Blow Off is attempting to begin, Retail is leading the chase.
More Faith Based Investing ahead in our opinions.
trade of all Instruments.
The higher Targets, as absurd as they may seem, have an
increased probability of completing the Blow Off in Tech.
As improbable as this may seem, it has a higher probability
at this moment in time.
There is immense Risk into TECH EPS next week. The decline
in overall demand will begin to appear in Q2 EPS, but will
not begin to show up in force until Q3. This will be front
run ahead of September Q3 closes. It will be apparent then
Economic Activity has rolled over.
These ranges are extreme, we realize this, but would be remiss
if we did not provide all of the potential Extensions for NQ.
The Blow Off is attempting to begin, Retail is leading the chase.
More Faith Based Investing ahead in our opinions.
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