Wednesday, July 17, 2024

The Nasdaq draws us a weekly harmonic pattern - FollowUp 2

 Link to last analysis

As in most cases, this time too, the technical pattern predicted the event of the movement in the Nasdaq 100 before the economic event and its publication in the news. We closed the stock portfolio according to the analysis even before the event and publication. Attached is a clip from Bloomberg news that shows an unusual movement of chip stocks, the sharpest since 2020.



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