Retrospective: Nasdaq 100 clears its July shelf
NAS1001DBullishpublished 03:08 · updated never, that’s the point
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QQQ’s reclaim of its July ceiling in early August carried it to its highest point since July 10.
QQQ, the ETF this piece reads as a proxy for the Nasdaq 100, based near its month’s low in the last week of July after failing at the same shelf twice, then reclaimed that level with a decisive close and climbed to its highest point since July 10, holding above the old shelf the whole way.