The NASDAQ Composite Index already tested Jan 2010 High. The Dow Jones 30 Index and S&P500 Index are on the way towards testing the Jan 2010 High. This High is an important milestone as a break above the Jan 2010 High dispels the hypothesis that the market is starting its major downtrend starting from Jan 2010.
However, there is still a possibility of a double top formation. We shall see what happens next.
Cheers !
PersianCat (Millionaire-in-progress)
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