Nasdaq correction over?
Overnight the nasdaq futures contract has hit and bounced off the 1.618 extension of A. Or is it a 3? Only a return above the A low would confirm the move from ATH's is a correction and not a new bear market. Yesterday the cash market penetrated the 1.382 extension of A. Personally i'm going with it allbeit on a very short term basis (3 minute chart)
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