US 100 Index

Nasdaq heading back to previous lows, but only up from there

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NDQ has been severely overweight in the recent weeks. Mostly due to the carry trade with
NI225 plummeting practically out of nowhere then rebounding instantaneously. I believe the Nasdaq along with other indices are heading toward last month's lows in the coming weeks but will rebound and move upward from there. Recession? No I don't think so.
노트
My next idea explains why this seems like the bottom.

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