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the general bottom pattern is double bottom so maybe the intermediate term low wasn't in yet. anyway, let's see how the rebound goes first.
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QQQ 173.40 is key. Price is holding above it, after having been below by a good bit. Prior day's high... holding above that will prevent a wave of "pivot-reversal" sell signals.
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Daniel wrote:QQQ 173.40 is key. Price is holding above it, after having been below by a good bit. Prior day's high... holding above that will prevent a wave of "pivot-reversal" sell signals.
60% chances it'll test yesterday's high, at least the blue line.
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