Well we broke down and hit the lower target of 12800 exactly 😁 and then we bounced on earnings, and wow, did we bounce. Nasdaq bounced all the way back into the channel. The chart does lend itself to go higher, but it's short the rally time. We could still reach a new high (around 325 on QQQ, 13350+ futures), but we are heading down overall. Personally and according to my count, I believe we are going for a new low, breaking the October lows.
$納斯達克100指數主連(2406)(NQmain.US)$
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Now for what I like for the stagflationary environment the fed is creating:
silver, uranium, platinum, energy plays, real estate (in that order)
Tickers include $Sprott Physical Silver Trust(PSLV.US)$ and $PureFunds ISE初級小市值銀礦開采ETF(SILJ.US)$ , $SPROTT PHYSICAL URANIUM TR(SRUUF.US)$ and $NORTHSHORE GLOBAL URANIUM MINING ETF(URNM.US)$ , $Abrdn Platinum ETF Trust(PPLT.US)$ or $Sprott Physical Platinum & Palladium Trust(SPPP.US)$ , $美國原油基金ETF(USO.US)$ and ...