Nasdaq climbed near 2000 points in about 4 month period. Recent gap-down was reversed with gap-up (island reversal) to run another record high today. Tesla, Apple, Microsoft, Amazon remind us about year 2000 dot com bubble from their climax run behavior. However, climax is the strongest rally ever so it is impossible to know exact day for topping out. At this moment, we will watch 9400 buffer zone as key support level for Nasdaq.
Have your say!
Thanks for reminding us about Year 2000 dot com bubble.