1995-1998 fractal

13 במאי 2022

I have placed the fractal from 1995-1998 over 2016-2022 and there are very strong similarities in the price action. During the majority of the 1990s bull market the nasdaq comp made very aggressive moves up followed by very sharp 20-30% corrections. This is very similar to market we are in now with multiple corrections like this that have happened. With the Nasdaq Comp down 30% and testing the 150wma we could expect a very sharp recovery soon.