NDQ rejects down from primary trendline for 4th time

NDQ rejects down from primary trendline for 4th time. the prior false breakout would have suggested a bigger move down than we have yet received, but it met support going back to last July. Today's close will determine if the emerging bullish engulfing candle will hold, or if we get a breakout close, or if we will bounce hard down. we are at the precipice of fate.
NDQTrend Analysis

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