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Tuesday, 19 January 2016


The Nasdaq downswing may be bottoming out. My original target of 4060 may be correct after all - for now anyway. I am happy to exit my short now and wait to see what happens. It is quite likely that there will be an upswing soon. When the upswing reaches 4400, the question is "will it continue, or will there be another downturn?"

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