Trading Edges That Last
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Nasdaq 100 Sep 01 to Sep 05 Outlook
Lawrence’s Comment
Consolidation week. Centered around open in 50% previous week range. Found support at previous week close. Closed the week above Y+1 and near week high.
Outlook
Overbought by time. A pullback is due. Not necessary something major, just a quick drop back to Y-0 and then wait and see.
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