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NDX Beware of Monthly Bearish Engulfing (Updated): 26.05.2021

If, on May 28th, Nasdaq Composite closes below 13407.36, expect a multi-month correction. Targets: 11000-9200 (-22-35%). Worst case – 6600 (-53%). Mark this post. Previously I posted May 31st, but as this day is a holiday, the monthly candle is expected to form on Friday, May 28th. The closure below 13407.36 will complete a Bearish…

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