NASDAQ (QQQ) Still in down trend

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I am not sold on the Christmas rally yet. Monday made a lower low and price is still clearly in a down trend.

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A look at the current wave's fib levels compared to the others in the larger down trend
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Up and out of the channel
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Chart PatternsNASDAQ 100 CFDQQQSPX (S&P 500 Index)SPDR S&P 500 ETF (SPY) Trend AnalysisWave Analysis

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