MrKrft

Update on Nasdaq

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The Nasdaq probably ended its correction of the oct highs in 100 % of time and 61.8% in price. A Continuation to the upside would now fit perfectly in terms of wave theory and price action. Fundamentaly we are seeing a different picture. The Fundamental market sentiment remains due to a second corona wave and the upcoming US election bearish. We will see wich side wins the fight. The Nasdaq is profiting from this crisis. The Nasdaq Techs will collect further market share. If somethings going up it will probably be the Nasdaq, beside Biden takes down the FANGS, what i am considering as not likely.
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