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Saturday, July 25, 2015

NASDAQ forecast for Mon-Tues

Partly cloudy, lows around 109.50, then Tues or Wed, higher prices expected. Lets look at the chart:

You can see where the channel is, and I inserted a box where I believe that the price will range in. As for Monday, unless there is good news or a good report, I expect things to slip a bit and chop, perhaps be a down day. By Wed-Thurs, things should be cycling upward again.

Thats all for now,
Tradinginsider

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