Invezted

Nasdaq remains @overbought condition but shows signs of strengh

INDEX:IUXX   Nasdaq 100 Index
19 0 1
NQ             clearly is in an uptrend and severly knocking at the overbought levels , but fails to reject
therefore the new value (price+time) is found and we may not be so overbought anymore ,

and this may lead to a rise in price at the current strenght shown in the market, and therefore a shift
from current "overbought" levels to new higher levels may begin to unfold
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