End to the COVID BULL MKT ??
As the Current phase is slightly slower, with hints of INT RATES HIKES in coming years... THE Bull MKT in TECH , might be in a BUBBLE PHASE,
so many factors responsible for this mammoth rise, but now the prices of the GIANT TECH cos. are itself at Extreme High levels, usualy 3rd phase is considered to be the End of any BULL MKT, the point to watch here is the last Leg of Rally is always FAST & Furious.... & other 2 instances, we had gained over 10% after covering all the lost ground, so assuming this to Go Beyond 14500~~ , then this might END up @ 16,000 Points.
Which is very much possible...
But I Doubt that... & Hence we might Close this BULL MKT with a TWIST in the TALE & The Fall will be Like RISE, where PEOPLE will Buy in HOPE of that last little PUSH, which will never Come...
Similar to BTC & Many Cryptos.
Thanks
Kawal CHADHA
INDIA
so many factors responsible for this mammoth rise, but now the prices of the GIANT TECH cos. are itself at Extreme High levels, usualy 3rd phase is considered to be the End of any BULL MKT, the point to watch here is the last Leg of Rally is always FAST & Furious.... & other 2 instances, we had gained over 10% after covering all the lost ground, so assuming this to Go Beyond 14500~~ , then this might END up @ 16,000 Points.
Which is very much possible...
But I Doubt that... & Hence we might Close this BULL MKT with a TWIST in the TALE & The Fall will be Like RISE, where PEOPLE will Buy in HOPE of that last little PUSH, which will never Come...
Similar to BTC & Many Cryptos.
Thanks
Kawal CHADHA
INDIA
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