I have been folllowing what looks like a decelerating Nasdaq 100. I have been looking for a tell tale sign that we have topped. Yesterdays decline could be that trigger. We need to climb above the dashed purple line in order to regain the upward , yet still slowing trend. If we trade below the 12,500 line, its lights out for Nasdaq. And the Covid 19 economy.
Chart Patternscrashnasdaqnasdaq100Trend AnalysisWave Analysis
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