On 4th June Nasdaq made low of around 2727 from where it bounced back to 2840 as of now on 6th june when this message is posted, So far up by 4% since that low.
On 6th March 2012 here at this blog the long term chart support for Nasdaq was given at 2781/2700 and it was said that these are the key levels to look out for where we can expect Nasdaq to bounce and as long these levels are intact uptrend in Nasdaq will remain intact.
Immediate resistance for Nasdaq stands at 2858/2873
On 6th March 2012 here at this blog the long term chart support for Nasdaq was given at 2781/2700 and it was said that these are the key levels to look out for where we can expect Nasdaq to bounce and as long these levels are intact uptrend in Nasdaq will remain intact.
Immediate resistance for Nasdaq stands at 2858/2873
No comments:
Post a Comment