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NAS100 setting up like its 2007

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FX:NAS100   US 100 Cash CFD
NAs100 hits 1.618 Fib perfectly , this could be the local bottom for now but setting up for a much bigger fall later on.

The bar pattern from 2007/2008 crash is looking very similar right now and we could be setting up for a much larger move down . I have overlayed the bar pattern from the drop in 2008 , a 50% drop would hit the 0.618.


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