If NASDAQ breaks 11750

that will be ...

… A probable new trading cycle starting on Nasdaq.

And any moves down will be pullback longs, as the new cycle starts.

UPDATE CLOSE OF TUESDAY DEC 13th:

since the call for a new trading cycle above 750 was made on Sunday night, there has been a large increase in price, suggesting an 80 day cycle has started.

NASDAQ futures daily chart for December 2022

Good luck,

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Derek