Nasdaq ScenarioNasdaq Scenario For Today
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Yesterday NAS went all the way up to ~11980 Mark and right now looks like it is pushing to ~12209 Mark.
Note that ~12209 is a major resistance zone, last time NAS was at that point we spiraled down.
Right now i expect NAS to get a correction (see ABC) and even go as further as correction into a
downwards channel. The other possibilty is that NAS will go further up, but it is too bullish for me and i
expect that correction.
Another possibility is that when the election results are in NAS will be moving mad, since i expect big
banks from Europe and Asia to have either major buys or sells.
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We have to keep in mind that market is really volatile right now and it might be better to wait until the
election results are in.
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Trade safe, whoopty
Past performance is not an indicator of future results
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Let me know your thoughts and questions, don't be greedy dawg and give me a like and follow for
bigmoney profits.
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ScenarioPainter
