Reaching the upper limit of the overall potential downtrend still.
Should the market return to trend, expected Nasdaq of 9700.
This week has some big names reporting, Google, Qualcomm, Meta and Amazon. May be the opportunity to sell the rip on Friday.
A person who I listen to closely, Ray Dalio released a note stating Bridgewater are significantly less bullish on assets v cash. This is an important note to read, so I've linked it for you all.
https://www.bridgewater.com/research-and-insights/our-2022-global-outlook-the-success-and-excesses-resulting-from-mp3-policies
Appen and the Nasdaq, page-55
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