Resitsance pattern is presenting itself in price and is looking close to reaching the neckline for an entry.

The NASDAQ and most other US equities suffered off the news that Europe would be entering new lockdowns pushing the rotation back into lockdown stocks again.

While I hope for a quick recovery and expect sentiment to change again in the next few days, the impacts have been pronounced so far.

I am looking for a 100% pricemovment abaove the neckline though depending on sentimnet changes I may cut it off early.

NAS100 Long

Mar 24 2021

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