NQ Wishful Buyers

The Nasdaq continues to find wishful buyers as it has bounced from 10656 ( I think we said 10666 would have been our target) now trading 11026 or some 3.4% off the lows. This should be just a dead cat bounce in our book as nothing will change the uncertainty that looms with the election, which will not be over on election night. Nothing changes the fact that the Covid still lingers and many businesses around the globe will never be coming back. So the solution has and will always be the magic of QE. As for now the Nasdaq has believers:

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