Unprecedented market move

[Scaleout.Scalper]

In recent years I can't find a more parabolic up move, crazy enough, technically it has room to keep the ball rolling.

Amazing October, that's for sure, wonder if Black Friday and Xmas will be bearish, hah!

 

[Sergio77]

Nothing parabolic about it. Just an uptrend with swings. The top is near (always)

 

[Scaleout.Scalper]

Talking about last two weeks upside, you cant find similar bars inside that channel, they were the fastest most furious up move of the structure.

 

[wrbtrader]

In recent years I can't find a more parabolic up move...

You should look at other indices outside of the Nasdaq Tech Index. There are others more impressive price movements...UP and DOWN.

 

[Scaleout.Scalper]

You should look at other indices outside of the Nasdaq Tech Index. There are others more impressive price movements...UP and DOWN.

Im sure but Nasdaq is my baby

 

[viktor_k67]

Check the Russell 2000. Recently it reverses down before the NDX does.

chart courtesy of marketvolume.com