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Scandex Market Update – April 10

Scandinavian Capital Markets

VWAP from the Feb high continues to provide resistance in NQ (Nasdaq) along with a confluence of trendlines (see daily NDX chart below). A 4 hour volume reversal triggered today too (red bar). We won’t know anything until the Sunday night open with the long holiday weekend but I’m bearish NQ.

Scandinavian Capital Markets Review

Source: https://scandinavianmarkets.com/trading-news/scandex-market-update-april-10/
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