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For Traders From Club iNSIDER:The levels we are monitoring for the end of a correction in NDX

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  • The 240-minute chart gives an upward signal, but I’m not paying much attention to it for now.
  • The 200-moving average holds as support.
  • There were weak orders executed.
  • 20,100 is a strong support level, but it may not reach that level.
  • The technical indicators are trying to signal the end of the correction.
  • Meetings and uncertainty, and this afternoon—many data releases are expected.

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