NASDAQ RISK

(…) Note then the chart thisimage  page of the NASDAQ which has rather clearly broken its upward sloping trend line that extends back into the
lows of last March. Note further that as prices have fallen in recent sessions, the volume has exploded to the upside. Volume waned as then market rose, but it
is rising as the market falls. This cannot… absolutely cannot… be viewed bullishly!

Dennis Gartman

 

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