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Nasdaq 100 trade update - 27 August 2018

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Barry Dumas
Technical-Trade-Note

The Nasdaq 100 is at all-time highs and the technical trade note has played out well. We have reached our target price and I have move our stop loss to the target price to lock in those profits and I will be letting this one ride as far as possible.

In this note I indicate some trade maintenance proceeding further.

Ways to proceed:

  • Move stop loss to target price 7506.
  • Take some profit at current level and manage stop loss higher.
  • Close position and wait for new entry.

Screen Shot 2018-08-27 at 12.22.27

Chart Source: Bloomberg

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