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2020/08/07

Wall Street Will HATE That He's Giving Away This Secret Manual

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The below offer is brought to you by our associates at Monument Traders Alliance

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Indexes Snapshot
Symbol Last Change %
Dow Jones Industrial Average 27386.98 +185.46 +0.74%
NASDAQ Composite 11108.07 +109.67 +1.16%
S&P 500 3349.16 +21.39 +0.71%
SPDR S&P 500 334.30 +2.19 +0.73%
iShares Russell 2000 ETF 153.70 -0.09 -0.07%
U.S. STOCK INDEXES

The September NASDAQ 100 was lower overnight as investors awaited key American jobs data due later in the day. The low-range trade sets the stage for a steady to lower opening when the day session begins trading. Stochastics and the RSI are overbought but remain neutral to bullish signaling that sideways to higher prices are possible near-term. If September extends this year's rally into uncharted territory upside targets will be hard to project. Closes below the 50-day moving average crossing at 10,343.85 would confirm that a short-term top has been posted. First resistance is the overnight high crossing at 11,283.25. Second resistance is unknown. First support is the 20-day moving average crossing at 10,809.40. Second support is the 50-day moving average crossing at 10,343.85.

The September S&P 500 was lower overnight as it consolidates some of its recent gains ahead of today's jobs report. The low-range overnight trade sets the stage for a steady to lower opening when the day session begins trading later this morning. Stochastics and the RSI are overbought but remain neutral to bullish signaling that sideways to higher prices are possible near-term. If September extends the rally off March's low, February's high crossing at 3387.60 is the next upside target. Closes below the 20-day moving average crossing at 3247.79 would confirm that a short-term top has been posted. First resistance is Thursday's high crossing at 3344.30. Second resistance is February's high crossing at 3387.60. First support is the 20-day moving average crossing at 3247.79. Second support is the 50-day moving average crossing at 3161.10.



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U.S. Government Required Disclaimer - Commodity Futures Trading Commission Futures and Options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results

These results are based on simulated or hypothetical performance results that have certain inherent limitations. Unlike the results shown in an actual performance record, these results do not represent actual trading. Also, because these trades have not actually been executed, these results may have under-or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated or hypothetical trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to these being shown.

All trades, patterns, charts, systems, etc., discussed in this message and the product materials are for illustrative purposes only and not to be construed as specific advisory recommendations. All ideas and material presented are entirely those of the author and do not necessarily reflect those of the publisher or INO.com. No system or methodology has ever been developed that can guarantee profits or ensure freedom from losses. No representation or implication is being made that using the methodology or system will generate profits or ensure freedom from losses. The testimonials and examples used herein are exceptional results, which do not apply to the average member, and are not intended to represent or guarantee that anyone will achieve the same or similar results. Each individual's success depends on his or her background, dedication, desire, and motivation.

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