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Nasdaq - Caution

TVC:IXIC   US Composite Index
H&S chart on the daily charts ..If it breaks in the next day or 2 it could hurt our markets too. This was the index which was leading American markets over the last couple years with the FAANG stocks + Microsoft + Tesla .

Watch this space closely to dictate the direction of global markets. So far the Dow Jones is holding its own and out performing the Nasdaq but we need to keep a close eye on this space.

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