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| NDX100 Daily Close @ 05/08/2012 |
The 'larger correction' has indeed unfolded, the Weekly Close below the 50day SMA doing the 'trick'.
An equality move from the secondary high @ 2756.81 has been scored @ 2587 (2590), the candle-stick daily chart highly suggestive that the NDX is susceptible to a counter-rally back towards the highs.
Bears be aware!
