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Dream11 🎩🔵
@dream11
Death cross is a bearish event but in the last 4 out of 5 death crosses, Nasdaq recovers and makes new highs. This time Nasdaq already gave 26% correction and we can see a V-shape recovery as well. Resistance: MA200 at 20,461 will be major resistance and breakout above it will boost market again. Market is highly volatile due to Trump Tariffs. Tariff negotiations + FED intervene can give a relief to Nasdaq and vice versa if both delay.
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