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NASDAQ waves, trend lines, RSI, MACD -- Looks bearish

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Still looking very bearish to me. Will know at 9:30 because we are right up to the trend line.
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Good little break out this morning. Looks like it is a retest of the major resistance trend lines.

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Seems that the NASDAQ was probing the outer edge of its trading channel.
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End of day. Looks like tomorrow will give us a good idea what the week holds (up, sideways, or down) as it is still right against the trend line.
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Dr_Roboto
Chart PatternsnasdaqNASDAQ 100 CFDSPX (S&P 500 Index)Trend AnalysisWave Analysis

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Chart PatternsnasdaqNASDAQ 100 CFDSPX (S&P 500 Index)Trend AnalysisWave Analysis
Dr_Roboto

Related publications

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.