By the looks of this daily NASDAQ chart, and especially since nobody is talking about it [hint: that’s when technical analysis works] we are forming the right shoulder right now:
Right on the multi-year volume point-of-control:
Bearish conviction kicks in if/when we take back last week’s trend day. Last Tuesday’s range for the newbs lurking on my blog. Say hello noob, I am a good guy, and sexy.
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