Many people are waiting for a callback? This is not a callback at all; it is a super wide fluctuation!

After the non-farm payrolls, the Nasdaq's response has been tepid, and currently, we can only look at the range. Generally, before moving up, it usually needs to go down for a bit, allowing people to get off first; less traffic means quicker rises. If it can't hold below, breaking downwards would be the real callback.

Don't mistake fluctuations for callbacks; understanding the structure is very important!

Risk warning: personal opinion, not to be used as a basis for decision-making, trading has risks, profit and loss are your own responsibility.

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