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Sunday, October 25, 2009
NDX100 - Losing Momentum vs. Wedge
Both charts tell me the same.
NDX losing momentum, the market appears to be overbought.
Big resistance between [1760,1810] area and got this ascending wedge pattern.
A lot of traders are/ will watching this, and they will jump.
NDX100 - Losing Momentum vs. Wedge
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