Ecantoni

Nasdaq 2004-2006 vs. 2011-2013

NASDAQ:IXIC   Nasdaq Composite Index
1
On the second week of May 2006 the NQ changed his strong trend. Now the pattern looks pretty similar IMHO or at least interesting. As the pattern is a bit out of phase (by a month) we might not have the same "Sell in May", but a RSI divergence is again in the cards as well as a parallel test and potential immediate gap fill (2nd gap since Jan).
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