Trading Edges That Last
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As Featured In
Nasdaq 100 Nov 10 to Nov 14 Outlook
Lawrence’s Comment
NQ was the index out of the three that played nice as it followed the normal consolidation behaviour instead of charging higher. Closed the week below Y+1 and above midpoint.
Outlook
Consolidation after strong run often leads to retest of the high. Hence B+1 is in play. Should the test fail, NQ will be forced back down to Y-0 easily.
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