First and foremost, a belated Happy New Year to all the fantastic folks who have been following me over the past 2 years+.
Now, let's dive into the current market scenario. Unfortunately, the start of this year hasn't been ideal – we experienced a significant gap down and a full week of selling.
Adding to the concern, we closed the previous week with a doji, indicating a potential market top. The gap down becomes even more significant in this context, suggesting a bearish trend. There's a lot to unpack this week, so be sure to catch today's video and explore the key developments!
As always, trade safe and invest wise!
Subscribe to my YouTube channel for your weekly market outlook and technical analysis videos!
www.youtube.com/c/investing101channel
Video Link:
https://youtu.be/6Wkwn52VGJs?si=N1aiDG760h-azW61
$Invesco QQQ Trust-ETF(QQQ)$ $NASDAQ 100(NDX)$ $Apple(AAPL)$ $Amazon.com(AMZN)$ $Alphabet(GOOG)$ $Microsoft(MSFT)$ $NVIDIA Corp(NVDA)$ $Netflix(NFLX)$ $Meta Platforms, Inc.(META)$ $Cboe Volatility Index(VIX)$ $Nasdaq100 Bull 3X ETF(TQQQ)$ $Nasdaq100 Bear 3X ETF(SQQQ)$ $Advanced Micro Devices(AMD)$ $Alibaba(BABA)$
Comments