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decklyndubs
Feb 9, 2023 6:13 PM

Nasdaq Failed Breakout to become apparent Short

E-mini Nasdaq-100 FuturesCME

Description

Daily candles saw nasdaq and btc breakout strongly and present an outstanding rally.
I think we'll see this breakout fail or at least retest from here.
The jobs data and incoming rate hikes are probably shifting the sentiment. At this point, I believe it's safe to short.
ES has presented a breakdown from price agreement today, and I believe this is the signal of the shift in sentiment.
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