
Mad Money w/ Jim Cramer 7/18/23
Mad Money w/ Jim Cramer
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NSCIP's Concerns About the Resistance Area on the NASDAQ 100
The NASDAQ 100 is caught between the level where it first made a lower high when the tech bear market went into full force last year and then on the higher end. The S&P 500 has a floor support around 4,312 that represents both the 61.8% retracement of last year's decline and also lines up where the S&P made a higher high in the spring of last year. If we stay above the key resistance level, I just showed you, NSCIP expects an eventual upside breakout by next week or the week after. Jessica SKIP-hocked investors should proceed with even more caution than usual but remember, this is a very good time to take
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