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'Unstoppable' Nasdaq Steams Toward Its Destiny

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rickackerman.com

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Sun, Oct 1, 2017 10:32 PM

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Today's updates from Rick's Picks. You are receiving this email because you signed up for daily upda

Today's updates from Rick's Picks. You are receiving this email because you signed up for daily updates at www.rickackerman.com Is this email not displaying correctly? [View it in your browser](. [Follow on Twitter]( [Forward to a Friend]( The Hidden Pivot Seminar "Trading success is only six hours away." Learn Rick Ackerman's risk-averse Hidden Pivot Method and never trade the old way again. -------------------------------- “...I am pinching myself to be sure I am not dreaming. I am more confident every day with the HP approach. I am making money... I am able to escape the screen if I so wish. I do not end the day stressed and hyperactive. Impressed? I am absolutely knocked out - just wish I had found the site years ago. Best wishes, long may you continue.”- David Ivory --------------------------------------------------------------- - [North Korea Is on Investors’ Radar]( - [How Long Can Mr. Market Waffle?]( - [One-Decision]( Are Too Enticing to Shun for Long]( - [Over-Under Bet for a Holiday-Shortened Week]( - [‘Seasonality’ Takes a Licking]( - [Pre-Holiday Hijinx]( - [Is ‘Matt’s Curse’ About to Doom Stocks?]( - [Nasdaq Produces a Rare Profit for Shorts]( - [AMZN Glowers at Bears]( Rick's Pick for Monday [$NQZ17 – Dec E-Mini Naz (Last:5980.00)]( Published Sunday, October 1, at 6:30 p.m..EDT The E-Mini Nasdaq has shredded its way past some moderately important Hidden Pivot resistance points and is now a good bet to reach another at 6022.94, provided it can escape the gravitational pull of one at 5962 that capped Friday’s rally. The pattern shown is of a larger order of magnitude, however, and it leaves room for a move to as high as 6114.75 if the futures should push decisively above the pattern's secondary pivot (shown here as a pink line at 5979.81). We shouldn’t expect precise resistance at this level, but it would nonetheless become a spot to attempt a ‘mechanical’ buy if the December contract pulls back to it after having exceeded it decisively (i.e., via a move to 6030 or higher). I am not proffering the 6114.75 target as a surefire place for a Mother of all Tops, by the way, since there are two problems with the pattern itself: 1) There are potential point ‘A’ lows beneath and preceding the one I’ve chosen; and 2) price action at the 5844 midpoint pivot has not been as precise as we should prefer. In any event, 6144.75 can still serve as a minimum upside objective, assuming the conditions I have noted are met. Also, we should expect a tradeable pullback from it if it is reached. If you don’t subscribe, [click here]( for a free two-week trial that will allow you to see the tout, and also to enter the Rick’s Picks chat room, where great traders from around the world swap timely ideas 24/7. [follow on Twitter]( || [forward to a friend]( Copyright © 2017 Hidden Pivot Enterprises, All rights reserved. You're receiving this email because you requested that our Daily Commentary be emailed to you. If you don't wish to receive further mailings, please use the unsubscribe link at the bottom of this message. Our mailing address is: Hidden Pivot Enterprises PO Box 270646Louisville, CO 80027 [Add us to your address book]( [unsubscribe from this list]( | [update subscription preferences](

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