Just on 25 Feb 2014 an alert was given about a big possible correction in Nasdaq as it was approaching its tough resistance zone and apparently it corrected from a top of 4371 made on 6th March to 3991 on 11th April since then correcting 9%.
Msg given on 25th Feb@ http://moneymystery.blogspot.in/2014/02/time-to-dump-it-stock-why.html
Now what@ Nasdaq finds excellent support in the region of 3966 and I see Nasdaq taking support and giving good possible bounce somewhere near to 3966 giving some relief to the battered tech basket.
Level of around 3966 will be the key level to decide the future course of action. Strong till holds 3966 and much weaker below that.
Level Matters With Manish Bothra's Money Mystery.
Msg given on 25th Feb@ http://moneymystery.blogspot.in/2014/02/time-to-dump-it-stock-why.html
Now what@ Nasdaq finds excellent support in the region of 3966 and I see Nasdaq taking support and giving good possible bounce somewhere near to 3966 giving some relief to the battered tech basket.
Level of around 3966 will be the key level to decide the future course of action. Strong till holds 3966 and much weaker below that.
Level Matters With Manish Bothra's Money Mystery.
Nasdaq hits 3966
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