NASDAQ above support but inside down channel

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Hanging on above the fib level for support but running up against the down channel.

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I don't know if this means anything, but the last time the divergence indicator had 3 or more bear flags this close together was the Feb top.
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Note
Closed just a hair above down channel. Same as S&P last week.
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Chart PatternsDJINASDAQ 100 CFDQQQSPX (S&P 500 Index)Trend AnalysisWave Analysis

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