Strike Analytics

Nasdaq 100

24 Jun 202005:37 AM

The recent decline in US indices may appear big compared to recent price action, but when compared to the 1990s, the 1998 correction in the NASDAQ 100 is almost equal in size to the 2020 COVID correction. In 1998 event preceded the final blow off waves of the tech bubble. An unusual repeat of history, but it indicates that you need to be open to a lot more price action than what is already transpired from the March low.

nasdaq 240620

 

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