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Nasdaq 100 Repeating Technical Pattern Bodes Ill For Bulls

Discussion in 'Technical Analysis' started by Kaitlin, Oct 8, 2015.

  1. Kaitlin

    Kaitlin Forum Member

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    You see, the last kick-back rally that began at the end of August ended at around 4435/50 resistance on September 17, a level where we correctly predicted that the markets were turning lower from. As can be seen from the chart, below, this level marked the convergence of previous support[​IMG]

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