PeterLBrandt

NASDAQ meets criteria for a Factor Weekend Rule signal

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CME_MINI:NQ1!   Futuros NASDAQ 100 E-mini
The Factor Weekend Rule, modified from the Richard Donchian Weekend Rule, specifies that a market making a new annual high, especially a new ATH, coming into a three-day weekend, has a 70% chance of a strong follow through early in the next trading week. The reasoning behind this is that only strong hands will hold and margin a position over a three day period.

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