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Nasdaq Composite Index
Short

Bearish patterns in tech

By dpuleo19
The Nasdaq semis FTXL is forming a head & shoulders top pattern and the Nasdaq IXIC is forming a cup & handle

Is key that the Nasdaq respects this support area where it converges with its 200-day MA

The semis weight +8% in the index so is a very important component

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Bearish PatternsCup And Handlecupnhandlehead_and_shoulderHead and ShouldersnasdaqsemisTrend Analysis
dpuleo19

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