Saturday , 18 January 2025
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Did the NASDAQ100 put in a major top?

In our previous update from two weeks ago, when the NASDAQ100 (NDX) was trading at $19000, we found that “contingent on holding above last week’s low, we should allow the index to rally to ideally $19350+/-125.” Over the next several days, it topped out when the FED announced its interest rate decision on Wednesday, September 18, at $19643 and dropped to $19330.

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