Chart
Updated nadsaq
Each time we have bounced off the Primary Bear Channel (see highlighted parts) we have gone down to retest the 64 week MA. This is now at 1,836. So that is where I think we are heading now.
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Nasdaq Composite – Long term chart
First the chart…
Nasdaq Composite Long Term
The Fibs were formed going from the bottom in 82 to the inflection point in 95. The Channels are fairly straight forward.
