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Scandex Market Update – June 11

Scandinavian Capital Markets

QQQ is running into lines that extend off of highs over the last 9 years. A close-up view is above. The red line extends off of the December 2014 and March 2018 highs. That line was resistance for the August 2018 and February tops. It was reached today. The line that originates at the February 2011 high is slightly higher…about 251.70 in QQQ.

Scandinavian Capital Markets Review

Source: https://scandex.com/2020/06/11/market-update-june-11/
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