MacroVoices #350 Mike Green: Investing Opportunity in an Increasingly Uncertain World
Macro Voices
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Is There Another Leg of a Bear Market Coming?
S&P coming to the 4,000 level which is where Fib zones are and like you're saying the 200 day moving average is sitting right above there. While this bear market has been a challenge, it's hard to call this a bear market yet when all we've done is given back half of the previous couple years of gains. NASDAQ will have a very hard time beating that kind of 12,000 to 12,500 zone in the coming month. The triple Qs because they have more liquidity than the options there, resistance is around 290 right now.
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