The NASDAQ and US Tech 100 has come under pressure today and has closed JUST below critical Support on the daily while 4 hour has broken and held nicely.
Data shows the US stock market is massively inflated and is due for a correction:
The US stock market has see more inflow in the last 12 months than the combine inflow of the last 19 years!!! (Source: BofA Global Investment Strategy)
I am shorting at these levels to protect against what I see to be a very volatile and bearish few months.
1st Target: $15,200
2nd Target: $15,000
Time Frame: 2 Weeks
Entry Price: $15,680
Boom!
@theRaggy
Data shows the US stock market is massively inflated and is due for a correction:
The US stock market has see more inflow in the last 12 months than the combine inflow of the last 19 years!!! (Source: BofA Global Investment Strategy)
I am shorting at these levels to protect against what I see to be a very volatile and bearish few months.
1st Target: $15,200
2nd Target: $15,000
Time Frame: 2 Weeks
Entry Price: $15,680
Boom!
@theRaggy