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Teich50

Is NDX close to making a swing high?

Short
US 100 Index (TVC:NDQ)  
Teich50 Updated   
TVC:NDQ   US 100 Index
Parallel Channel
5
0
parallelchannel
NDX is contained in the parallel channel so far, and it is close to hitting the yearly R3 level.
Comment:
Looks like NDX is feeling the resistance at the top of the parallel channel, as it dropped over 100 points from peak to trough
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