currently it is pretty neutral. if the nas goes over 2200 i would say it is very bullish on the future. below 1750 and i would say it is very bearish on the future.
i dont really like how the trendline is holding down the index
If by posting the chart you meant that we are heading to the lower trend line of that channel after double touching that top line, then you better believe it looks bearish near term cause that bottom line looks like it's not till about 1400 and we are currently at 2000.
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