Exceptional times for NASDAQ Bull Run Jan 25, 2017 to Aug 24, 2018

Keeping Track from MegaTrade101 Trading Journal

In case you missed it: Revisiting our market call last January 25-28, 2017 with NASDAQ at 5660 levels then is up to 7913; which have been an exceptional run until today August 24, 2018 exactly 1 year and 7 months. NASDAQ tech stocks are the dominant drivers from where they came from and where they are priced at as of today. 

NASDAQ from Jan 25, 2017 to Aug 24, 2018

Although, we expected the results well, but the extended time frame has always fascinated us while the market's endurance and power to sustain its directional trend have also been well supported by corporate earnings, employment figures and US economic growth. 

The Power & Ability to Endure Market Volatility 
Know when to stay on course over an extended period of time

Meanwhile, others have been contemplating as to what would derail this market has been more speculative rather than market acceptance. Where we have found some prominent hedge funds, professional money managers doubling down and calling a decline. And now the major indices are again retesting their record highs. 

In addition, ever since the dot.com era in 2000 down to 2009 Financial crisis is a good 9 years on the decline. And another 9 years on the up trend where we find more than a recovery have delivered exceptional returns. At least for now, we'll have a solid foundation as a reference for the next turn to occur based on a probability of the three major indices time line cycle of events. 

It's always a good trading discipline to keep track of a trading journal of market calls & events that would still be used effectively as a reference. As to how such strategic trade plays have been applied to achieve and derive such conclusive analysis with exceptional results. 

Cloud Chart as Reference from where prices came from: 
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