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NASDAQ is reaching our daily and weekly supply levels. Which means it will be on our watch list for a massive short opportunity when it hits the short area. So, when this one is reached we will be waiting for our 12 hours pattern to develop inside the zone to give us the confirmation that institutions want to get out of these markets at a really good price.
.... Maybe, Maybe.. it reaches new highs and it will be all over the news. (Like always) Push a bit higher, provide the pattern and tank.