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Nasdaq

23 Feb 2022 ‚óŹ 06:06 AM

The Nasdaq composite has fallen in a triangle zig-zag pattern, and we could be in wave Z as the final leg. This could also be a double bottom once prices turn positive and confirm. The recent low is the lowest point on a closing price chart so a trend reversal here will also result in a positive divergence with the RSI indicator.

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