I was looking at NSC 2 year daily chart and realized how similar the current price pattern is to the one during summer 2008, see blue circles. After retracing about 50% from the March lows, NSC might be putting a top. If similarities continue, I would expect a bit more downside, then a temporal retracement up that would not make new highs and lower prices after. Something to consider is that the target of the nice inverse head and shoulders pattern has not been made or at least not yet.
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