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91baby 💕🌴🥥🕊09/08/2020 13:10

I just woke up and OMG it’s a bloodbath?. But I hope everyone realizes it’s the market and not the companies themselves. Yesterday I went through the Nasdaq historical data and backtracked to 2000 Dot.com bubble, 2008 Housing market crash, 2020 March-April Pandemic crash and realized that there were always some very clear indicators the market was going to crash. The common denominator is that anytime it drops more than 7% of its all time high within a short amount of time. It’s seems to be a freefall?. Bad news is we’re awfully close rn and even went below on Friday. I believe that if Nasdaq goes under 11288 (which is ATH of 12074.07 x 7%) it’s going to be bad and very likely that we will be entering into bear market. It also seems that the chart is supporting that theory there is a clear head and shoulders bearish pattern with a neckline located around that 11288 mark. So I think if Nasdaq < 11288 = market crash | If Nasdaq > 11288 = just market correction. $Tesla Inc $Apple Inc $Nio Inc.

6
22
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