Your Economy (No Politics)

[osprey]

To break the nasdaq downtrend, 2024 needs to be taken decisively. Or at least that is my reading of your nice chart with the bear flags. Otherwise it is lower highs and lower lows until a base formation of some sort. Until that happens, I'm going to be very defensive in the markets. In a downtrend, preservation of capital=DON'T LOSE MONEY is more important than stretching for profits. FWIW, I've never had problems making money in the stock market. I've had problems keeping it though :>).