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Bearish Fractal points to more de-risking across markets
NDQ/XLP
EdHeenok
NDQ/XLP
Trend Analysis
Chart Patterns
NASDAQ 100 CFD
recession
risk-off
0
0
trendanalysis
chartpattern
ndx
recession
risk-off
This pattern is extracted from the US2000 H1 price action. It matches the NDX/XLP ratio quite perfectly so far, suggesting more de-risking across markets.
A good short opportinity with a tight stop loss in place
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