powerintegral

Nasdaq at resistance and overbought. Bearish wave (4) in play.

Short
NASDAQ:IXIC   Nasdaq Composite Index
1
Nasdaq Composite is overbought and has reached resistance area.

Time to play the wave (4) on the short side before the last up wave that
should bring the index back to its high of 2000 for a massive double top
formation of wave (5) V.

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