keep eyes on that nq100 weekly bear cross of the 20/100ema.
watching the weekly 200ema for support. looking for the weekly 200ema reaction once again at 11399.
monthly 50ema under that at 11176 (already was tested twice).
12day 100ema at 10777.
the last nq100 20/100ema bear cross took place back in sept2008 and we seen the bottom fall out -40% in roughly 60days. different times yes but something to keep eyes on
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Good luck, happy trading and stay chill, 2degreez
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the last nq100 20/100ema bear cross took place back in sept2008 and we seen the bottom fall out -40% in roughly 60days. different times yes but something to keep eyes on
look, in my opinion .. nasdaq to go around 10550/10660 which might place the aussie index around 6000/6100 and the german dax 11200 ... i know it seems far fetched but there is just too much headwinds ahead.. plus we need a capitulation to get the buyers back in ... no one is buying ...