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Sure feels like it. Be very careful!

The Nasdaq 100 looks like it is headed towards the 50% retracement (near 37) level from the 2002 lows.

Opinions and trades are shared for educational purposes only and are not solicitations or recommendations to buy or sell securities. Each person must conduct their own research, analysis, and risk assessment before every trade. All work is subject to Copyright and may not be reproduced or re-distributed with out written consent.