Daily chart looks like a huge bull flag. Or is a storm about to hit us soon?!
My indicators show a possible recovery coming soon. Could be today or as soon as tomorrow. Which means a possible rally for FOMC mins.
If this rally comes, it will break the recent high and if we get a 1:1 measured move off the bull flag pattern, we could see another 8% move on the NDX.
VIX still looks weak and not yet ready for a move higher like many have been anticipating for months now.
Watch the video to check out the indicators and also the technical analysis of the indices as well as specific stocks tagged!
As always, Trade safe & invest wise!
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Video Link:
https://youtu.be/bJ4Ps1qfxmY
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