Well... that never happened

Big follow through in tech with lingering resistance in large caps (see 15-min chart). Looks much better for the bulls as each point of resistance is stripped away. As of 2:45 pm the tech markets sit right on the shorting zone of the bearish 'three black crow' sequence which started the October breakdown. In the case of the NASDAQ, but not the NASDAQ 100, this also coincides with channel resistance. For the NASDAQ 100, only the 'three black crow' line is in effect.





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