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The NASDAQ bull failed again but will try again soon

Post 27 - Here is why and when!

Thomas Look's avatar
Thomas Look
Oct 16, 2023
∙ Paid

What happened

  • The Bulls tried hard until Thursday afternoon before conceding another defeat, and the trading bears regained control.

  • Breaking the downward-sloping consolidation channel to the upside was too much heavy lifting for now.

  • Given "etsy ketsy" CPI and PPI prints and the Hamas-Israeli conflict, that can quickly turn into a full-fledged war between…

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