Here is my comparison of the NASDAQ dot com bubble vs. today. A scale of 3x seems like an almost perfect match. If anything, the current bull market is probably a bit stronger. I also added some key trend lines, not that I expect the market to respect them any more. It is interesting that it paused last week on the major parallel channel from the 2009-2016 range. Please not the numbers are not waves. Just a way to count the peaks.
코멘트:
Maybe next stopping point.
코멘트:
Some fib levels to go along with it
코멘트:
Strong rejection off the major resistance line this morning.
코멘트:
2000
Today