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The decline of late in Tech ETF QQQ has it testing triple support at (1).

A bounce is due here and QQQ could bounce at least 5%+. 

Bulls want to be careful that if a bounce takes place that it could be forming an important topping pattern.

Other bounces are due as well below-

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These broad indices are testing triple support similar to the QQQ at each (1), where a bounce off support is due, as each remains inside of rising channels.

 

 

How The Recent Decline In Stocks Looks "Eerily" Like Major Bear Markets Of The Past