No time to post nicely. Just want to keep for the records. NASDAQ is going parabolic now on the weekly chart. When it will end I will not know. The last time it broke out of a uptrend channel and reach the top is 28 weeks in 2007. Now is around 23 -25 week depending where you start counting. I say again I do know when it will end but I know one thing : Parabolic trend are not sustainable. cheers.
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