NASDAQ one more up day and then down if pattern holds
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Sorry for all of the trend lines, but focus on the pink ellipses and the path arrow. It has the makings of the same pattern as last rally. So bearish, I know. I just can't help it. At least I was right about today's rally to close the gap. Maybe I should be a bull, seems easier (just assume up).
In case you want to know where I get all of those trend lines from.
In case you want to know where I get all of those trend lines from.
Nota
FYI, that peak also lands right at the 12,000 level, which has been a major S/R line.Nota
It is also a 0.618 fib retrace levelNota
Chugging right alongNota
Kind of a let down.Nota
Remember this ugly chart. Nota
I guess we will find out tomorrow.
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