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I have two different counts on Nasdaq.1. The rally will fail at...

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    I have two different counts on Nasdaq.

    1. The rally will fail at previous support around 13000 and retest of neckline

    2 . The rally is Wave 1 of a C wave of Wave 2 going back to circa 13636

    i presently favour the second count that's why I'm hedged with high beta longs in APT and Affirm

    Your Dow EW chart confirms my own view but I prefer to count it as part of a larger wave 4

    Either way nett result is the same a Super Crash

    I note we are 21 Fibbonacci years from the Dot Com 2000 top and approaching 13 Fibonacci Months from March 2020 lows

 
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