The NASDAQ 100 (NDX) 'Technochasm' is still showing strong momentum on the monthly Heiken Ashi.
A correction will come; but only time will tell when that time is. I am still holding a long position until the market proves otherwise.
Some of the top Nasdaq holdings are over-valued in my humble opinion, with AMZN leading the way BUT, it certainly appears the Technochasm bull run is not over yet, as AMZN has broken out on the weekly/monthly chart after moving sideways for the past 11 months. Will it continue to push upwards? We will see over the coming weeks...
A correction will come; but only time will tell when that time is. I am still holding a long position until the market proves otherwise.
Some of the top Nasdaq holdings are over-valued in my humble opinion, with AMZN leading the way BUT, it certainly appears the Technochasm bull run is not over yet, as AMZN has broken out on the weekly/monthly chart after moving sideways for the past 11 months. Will it continue to push upwards? We will see over the coming weeks...