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If you have been a viewer of my work for the past year and half, you know two things…I am a boring guy and I stick with a few rules!
I don’t make decisions base upon the news….I buy on support , harvest at resistance and then I buy breakouts.
Is the Nasdaq 100 about to perform a Houdini act and break from its sideways channel? With Apple breaking resistance and looking to get a new set of legs (see post here) the odds increase that the NDX can do a Houdini act. The NDX 100/Q’s are not owned at this time, yet…..
Game Plan….I will follow an upside breakout in the NDX 100!
