The parabolic move on the Nasdaq is falling and is getting worse

Discussion in 'Trading' started by derektrader, Sep 18, 2020.

  1. Take a look at this chart. The nasdaq clearly went paraboloc and I think we have downside to the 8500 area.
     
  2. Tradex

    Tradex

    Seriously, are the "big boys" paying you to post these doomsday scenarios, so they can buy even more from the new short sellers (and scared buyers closing their positions) that your threads will surely create? :D
     
    Last edited: Sep 18, 2020
    ChipShotTrader and Clubber Lang like this.
  3. So the Naz is going to crash all the way back to...June 2020 levels

    Blood on the street!!
     
    Specterx and Tradex like this.
  4. Tradex

    Tradex

    What is truly bizarre is that OP won't even follow his own predictions and short the Naz, because... he does not short any market!

    Hmmm...

    [​IMG]
     
    Clubber Lang likes this.
  5. Overnight

    Overnight

    Why not just plot it logically? If Biden gets elected, he will reverse (and make worse) all things tax-related that Trump implemented. So draw a horizontal line from Nov 2016 across the bottom. There's your new short target. About 5200.
     
    gkishot likes this.
  6. Guys, i dont know where the hell we go from here but the charts tell me much lower. The latest move was much more parabolic than the move prior to february’s down turn.
     
  7. SanMiguel

    SanMiguel

    That's a load of parabolics.
     
    Overnight, Cuddles and beginner66 like this.
  8. Overnight

    Overnight

    I see what you did there. *chuckle*
     
    Last edited: Sep 18, 2020
  9. hilmy83

    hilmy83

    That's not even close to what a parabolic move looks like
     
  10. Cuddles

    Cuddles

    a sample of a few other gold nuggets by derek"trader"

    upload_2020-9-18_22-18-48.png
     
    #10     Sep 18, 2020
    hilmy83 likes this.