Bullish on the Nasdaq 100
The risk-on trade in more speculative assets is coming back to the forefront simply due to exhaustion on the part of the bears. The bearish case has been overplayed, and the risk-aversion trade has become crowded. We are now starting to see a reversion to the mean in risk assets in favor of the bulls.
Some interesting technical changes are developing in the Nasdaq 100 index. We're looking for a recovery rally to develop in the group and reassert the primary bullish trend in the index in the coming weeks and months....319 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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