Market Analysis for The Week of 5/3
Will Friday's Excess High See Follow Through?
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I think this past week, and the NQ strength in particular was most easily distilled down to a single line from last week’s plan:
ES did the “false failed breakout” that has almost become expected in this market. It lagged significantly until Thursday and Friday. On Friday, ES did put in a decent excess high. If you’ve watched any of my non-paywalled videos you know what to look for next.
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