NASDAQ one more up day and then down if pattern holds

12 нояб. 2020 г.

Sorry for all of the trend lines, but focus on the pink ellipses and the path arrow. It has the makings of the same pattern as last rally. So bearish, I know. I just can't help it. At least I was right about today's rally to close the gap. Maybe I should be a bull, seems easier (just assume up).

In case you want to know where I get all of those trend lines from.

12 нояб. 2020 г.

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FYI, that peak also lands right at the 12,000 level, which has been a major S/R line.

12 нояб. 2020 г.

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It is also a 0.618 fib retrace level

12 нояб. 2020 г.

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Chugging right along

12 нояб. 2020 г.

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Kind of a let down.

16 нояб. 2020 г.

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Remember this ugly chart.

16 нояб. 2020 г.

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I guess we will find out tomorrow.