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NASDAQ 100’s Upside Target And Short Trigger

Published 11/07/2018, 01:58 PM
Updated 05/14/2017, 06:45 AM

The Nasdaq 100 surged following the Democrats retaking the House. The reason for the rally? Just days ago, President Trump threatened to file anti-trust cases against the big tech companies, claiming they were monopolies. Investors believe that the Democrats will neutralize that threat in the near-term. As tech surges higher, investors should be ready to pull the trigger on the short side when price hits $178. This is a major technical resistance and all technical chart signals show another leg down in the market.

NASDAQ 100

Latest comments

another leg down deeper than Oct 29th?
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