The Fred Report - Mid Week Update June 26, 2024

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I think the key for us is that we are holding investment positions, have sold trading positions, and look for some choppiness and correction – although we may have made a mistake in that July 4th week is often up. NVDA has not yet tested our support area of 116 or so, but it did break 120 before a solid bounce into resistance, which is from 127 to 130 on a short-term basis.

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