Here we have Nasdaq coming off a beautiful bullish divergence. Dollar weakness and bond strength have been a great correlation for this trade. But the main trend is still down.
We have the dollar in an uptrend, bonds in a downtrend.
So if we get to short Nasdaq in the blue zone, we have clear targets for more downside.
We have the dollar in an uptrend, bonds in a downtrend.
So if we get to short Nasdaq in the blue zone, we have clear targets for more downside.