a couple scenarios for critical resistance
there are a couple scenarios for the critical resistance weve just about come up to on the l nasdaq. i think were above pivot, and where we start out friday will define next weeks activity. if we hit that resistance sss moving average, and we fall beneath the pivot forming bearish divergence daily rsi i think were headed for daily consolidation. if we breech that first upper horizontal embedding bolinger bands and treating the crucial area as support i think were in for continuation until rsi comes out of overbought.
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