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Nasdaq 100

3 Jul 2020 ‚óŹ 07:13 AM

The Nasdaq - appears like a ending pattern but is mostly wave 4 done and trying to start wave 5 up. The problem is that it quickly hits a sentiment extreme recently and was at 93% bulls on the Daily sentiment index last night. So while it could still trend up, in the near term do not rule out more corrections and a longer time wise consolidation in the current trading range before we make new highs.

Nasdaq 030720

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