ContraryTrader

Nasdaq IXIC bounced but rejects

Short
TVC:IXIC   US Composite Index
White lines - channel
Green line - Support
Yellow line H&S - Neckline

Closed yesterday outside bollingerband opened up lower but
Bounced off support and rallied back to neckline at High of the day..

I think we head lower here to channel support. around 14,700...


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