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Strategies & Market Trends : Nasdaq Bullish Pattern Forming
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To: Rudy who wrote (1)3/5/2002 3:11:49 PM
From: ~digs  Read Replies (1) of 10
 
inverse head and shoulders pattern is indeed interesting. i show it as measuring to approx 2600

but, imo... b4 declaring the bear as dead, compx needs to make a higher high which would require prints above jan 2002 high of 2098.88

after which time it needs to come back and retest the broken horizontal resistance at ~2100 and HOLD

that would complete a 123 trend reversal on naz weekly chart

fwiw
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