Nasdaq Advancers/Decliners

This is what happens when you do a late night post, you leave one of the more important charts that you intended to include out of the post. Here we have the Nasdaq Advancers and Decliners in a oscillator form that shows a another positive divergence which could imply a bounce is coming.  After looking at it a second time, I’m also noticing a head/shoulder pattern that could be developing which plays into my small bounce theory, followed by a strong sell-off in the markets, which will ultimately send us much lower.

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