The Nasdaq 100 has officially

2023-03-31

The Nasdaq 100 has officially entered a new Bull Market after closing more than 20% above its 13 Oct low. This officially ends the bear market that has lasted 490 days,

Moving averages confirm it as well (50MA crossed above 150MA, price above 200MA. 200MA starting to slope up.

The S&P 500 is not yet on an official bull market (not closed 20% above its bear market lows).

However, I did call an unofficial Bull Market on 15 Jan on my Youtube channel (https://youtu.be/ZO72GfHzsdU) as the 50MA crossed above 150MA (both MA sloping up).
The Nasdaq led the S&P 500 into the bear market... so its poetic that the Nasdaq 100 may be leading the S&P 500 into a new bull market

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

kohanson
2023-04-01
kohanson
Great ariticle, would you like to share it?
雨后就是彩虹
2023-04-03
雨后就是彩虹
1
HL Chua
2023-04-02
HL Chua
Good
NicNic
2023-04-01
NicNic
Ok
pinky557
2023-04-01
pinky557
ok
LplMichelle
2023-04-01
LplMichelle
pls like

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This officially ends the bear market that has lasted 490 days, \n \n Moving averages confirm it as well (50MA crossed above 150MA, price above 200MA. 200MA starting to slope up. \n \n The S&amp;P 500 is not yet on an official bull market (not closed 20% above its bear market lows). \n \n However, I did call an unofficial Bull Market on 15 Jan on my Youtube channel (https://youtu.be/ZO72GfHzsdU) as the 50MA crossed above 150MA (both MA sloping up). \n The Nasdaq led the S&amp;P 500 into the bear market... so its poetic that the Nasdaq 100 may be leading the S&amp;P 500 into a new bull market\n \n<img src=\"https://community-static.tradeup.com/news/2e969b428199103b86e55ca385bed277\" tg-width=\"2048\" tg-height=\"1286\"></body></html>","text":"The Nasdaq 100 has officially entered a new Bull Market after closing more than 20% above its 13 Oct low. 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