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Sunday, 10/22/2017 1:56:38 AM

Sunday, October 22, 2017 1:56:38 AM

Post# of 2804248
Compensated Awareness Post View Disclaimer

In this example of the NASDAQ 100 Index $NDX), the stock broke resistance at 935 in May-97 and traded just above this resistance level for over a month. The ability to remain above resistance established 935 as a new support level. The stock subsequently rose to 1150, but then fell back to test support at 935. After the second test of support at 935, this level is well established.


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