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Strategies & Market Trends : TRIPLE TRADES
OPEN 7.590-2.3%Nov 3 9:30 AM EST
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To: Bull RidaH who wrote (644)3/16/2021 10:25:30 AM
From: Bull RidaH  Read Replies (2) of 4392
 
$SOX - 3090 target given in the post this one responds to was just fulfilled, as was the NDX.X target of 13,151 (a trendline target). The NDX had an identical reverse V bottom at the recent lows, which targeted 13,226 (see chart below). The expectation now is for the decline begun from the recent highs in these 2 tech indices to resume, in the near future. Let's see if we can get a bearish candlestick, or form a secondary reversal pattern. Today is Turnaround Tuesday, and I expect this one to live up to its name. If not, there's always Wreversal Wednesday. <g>

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