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NASDAQ August Analysis
Daily bearish divergence. 4H symmetrical triangle. Currently rising flag pattern on 15 min inside the 4H zone indicating possible sell from zone. Once 4H closes below outside of triangle expecting price to go to 14500. That is neckline of the "Extended M Pattern". Since there is Daily bearish divergence it's possible for continuation from Daily "Extended M Pattern" neckline 14500 to 14000.
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