NASDAQ one more up day and then down if pattern holds
Updated
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.
Comment
FYI, that peak also lands right at the 12,000 level, which has been a major S/R line.Comment
It is also a 0.618 fib retrace levelComment
Chugging right alongComment
Kind of a let down.Comment
Remember this ugly chart. Comment
I guess we will find out tomorrow.
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