NASDAQ. Navigating Market Dynamics: Analyzing Bearish Trends and Strategic Rebound Approaches
Overview: The current market maintains a Bearish trend, with signs of rebound within the downtrend. In this scenario, there is an overall strong selling sentiment, leading to significant and sustained declines, while during rebounds, there is a high likelihood of short-term and temporary upward movements. Strategy Proposal: A strategy of selling and observing is appropriate. Even in trading, it is advisable to have short holding periods with low expected returns. Long-Term Outlook: During the downtrend, the declines are significant and continuous. During the rebound, there is a high likelihood of short-term and temporary upward movements. Apr 05, 2024 NASDAQ closing price 16,248.5 1.24% ◆ [Long-term strategy] The current trend zone is Bearish. and Investment position suitable for the trend zone is Sell and Wait. The trend within a Bearish zone is divided into a 'Downtrend' in the downward dire