If we look at the Nasdaq index, we are recording its highest level ever today . It's at its peak here. That was amazing. We are on the fourth day of the Green Days, and we know that these chains do not last forever.
I don't remember how long the longest series lasted. That was the case , but I think it was about nine days. You can see, if we just calculate the daily charts here , where we see past movements.
If we see 1 2 3 4, then there are five green days here, and before them a red day. Okay, 1 2 3 4 then a red day. 1 2 3 Then a red day. 1 2 Red Day. Here 1 2 3 4 then a red day.
Therefore, having 4 consecutive days and reaching all-time highs means we are likely to see a correction day coming here. Therefore, this is something that must also be taken into account when we open our centers and when we look at our overall centers.
The other thing to consider is where we are in the cycle. And again, on the Nasdaq index, you can see this large gap that we have, and as you know, even though the stock is trading at 30,000, we have a large control point here around the 29,500 level.
Then we have this level here, 25,000. So, it's easy to see a pullback.
