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Nasdaq 100

19 Mar 2021 ‚óŹ 05:47 AM

If the NASDAQ 100 drops below 12,778 the entire recent advance will be a corrective move and I will market as an X wave. What this means is that another leg down in the form of an ABC sell-off could follow. Initially, we may go back to retest the 12,200 low, and if that breaks go towards the lower end of the channel near 11,900.

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