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we're on the dashed blue arrow now. I expect a triangle.
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Movements look bigger on charts when ranges get this small on ETFs-- but these fluctuations of 0.1 to 0.2% up or down are really just the random market noise of a stable and un-agitated market.
Day to day AdvanceDecline issues are fickle, so this 10ma smoothes it out (gray line behind price)
TODAY the average AD is about to break out and confirm this levitation
That’s a surprise because this average AD is on the full nasdaq, not just on the ndx
Daily
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
not exactly triangle, but still range actions: donw up down up, now let's see if bulls can touch the blue line again which if they can then bias is up.
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consolidation here for a few bars instead of pullback then breakout would be very likely. wait and see.
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if not because close is near, I'd be very sure breakout coming. now still breakout is more likely.
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