Nasdaq bubble burst

[N Rothschild]

Nasdaq monthly vs dow weekly.



on the nasdaq, after the first run up and pull back it went on to reach the 161.8% extension before selling off,

the dow weekly is eexactly at the 161.8% extention after its first pull back from the rally off the lows

 

[kipptrader]

Unfortunately, only one of many bubbles that appear to be bursting.