TVC:IXIC   US Composite Index
IXIC ran straight into resistance and was rejected throughout July.
Considering the price action, I would not be surprised if this forms some sort of double top, revisits the 13.5k region before we get a better idea on the next move.
If that does not hold, there is a good chance we see sub-13k.
Expecting price action similar to the Sept-Dec 2021 top (highlighted in purple)

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