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NASDAQ Forecast for November 5, 2026
The bullish margin move played out perfectly yesterday, followed by an Asian session correction driven by market concerns regarding the development of AI companies under a Democratic administration.
We are currently testing the market boundary across two contracts simultaneously. For long positions, look to place a stop below 28,000.
Alternatively, consider long setups based on a reversal pattern formed off the local extreme and a breakout above the 1/4 margin zone.
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