Tuesday’s Trade Idea Breakdown
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The first thing I do every morning (besides drink a mandatory cup of coffee) is scour my charts for where the stock market could be forming U-turns — which helps me help you figure out what to buy and sell..
While doing my daily routine, I noticed the NASDAQ 100 is about to touch a major U-turn point on a support trend line.
Depending on where it closes, we could see an 800 tick bullish move… And remember, each tick is worth about $5. For those scoring at home, that’s a $4,000 profit!