Trading Edges That Last
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Nasdaq 100 Aug 06 to Aug 10 Outlook
Lawrence’s Comment
Going higher as expected. Consolidated around Y+1 at 50% previous week range. Zoomed up to upside target of Y+2 by end of week. Closed the week near week high and Y+2.
Outlook
Gaps all over the place. Probability favours B-0 to be tagged some time next week.
As long as B-0 acts as support, new high likely next week.
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