This is Nasdaq weekly candles. 50% move from 240 to 360 (factor of 10) with a weekly engulfing candle is a sell signal if you are using Gann mechanically,yet it doesnt look quite right....I would have preferred tosee an exhaustion.Maybe time isnt up yet ? We are 83 weeks from the low,maybe 89-90 is needed and we could range for 6-7 weeks ?
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