Alright traders, first of, what is Nasdaq doing? These bulls are bears are at it again and I can't help but wonder what they plan on doing. The bulls have gotten to 14322 which was an initial higher-low plan but it's looking like there's a problem. Accumulation phase with bears looking stronger. Daily showing signs of an inverse head and shoulder.. Just got a bullish divergence pattern.
What now?
The VXN hit a wall and bears trooped down as well. It's looking bearish however, not exactly confirmed. Still on the side-line with my pack watching these one.
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Cheers,
Lazyluchi..
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