stock market at IT lows, ready for resuming the uptrend. My half cent
I bet on a bullish October
Started by
andr99
, Sep 29 2023 09:31 AM
4 replies to this topic
#1
andr99
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Posted 29 September 2023 - 09:31 AM
forever and only a V-E-N-E-T-K-E-N - langbard
#2
andr99
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Posted 29 September 2023 - 09:54 AM
nasdaq 12700 is still possible however. It was my original target since August. If we get to visit it, the bottom will be definitely in and the correction will be over. It will mean that the first part of October is corrective and the remaining part is pretty bullish.
Edited by andr99, 29 September 2023 - 09:55 AM.
forever and only a V-E-N-E-T-K-E-N - langbard
#3
andr99
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Posted 29 September 2023 - 10:00 AM
I forgot.....the whole nasdaq downward move that started in early August, is corrective, not the start of anything bigger than an IT correction. I just wanted to remark it. CORRECTIVE I firmly believe.
Edited by andr99, 29 September 2023 - 10:01 AM.
forever and only a V-E-N-E-T-K-E-N - langbard
#4
andr99
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Posted 29 September 2023 - 03:36 PM
nasdaq 12700 is still possible however. It was my original target since August. If we get to visit it, the bottom will be definitely in and the correction will be over. It will mean that the first part of October is corrective and the remaining part is pretty bullish.
although 12700 is a possibility, the most probable scenario remains that the IT bottom is in and the bull is resumed. Next week will tell. In my opinion 75% the IT bottom is in, 25% we get to 12700.
forever and only a V-E-N-E-T-K-E-N - langbard
#5
qqqqtrdr
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Posted 30 September 2023 - 11:47 AM
I agree we are looking like a medium term low here, we just haven't taken off let.
