Pullback in tech is imminent 🚨

٧ نوفمبر ٢٠٢٣

The percentage of stocks above the 5-day moving average hit 96% ⚠️

We have seen a cooldown every time the tech got this over-extended in a short period of time.

6 years of data on this chart suggest a meaningful pullback/correction is coming.

Simple yet very effective. This time it's going to be no different.
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QQQ NQ1! SPY NDFD