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Friday, May 18, 2012

Nasdaq below Short term Support Level....what next???


On 6th March 2012 the following message was posted in the comment area@


I talked of some key support level for Nasdaq above which it will remain strong. Short term support stands at 2873/2858 whereas in the long term chart Support stands at 2781/2700. These are the key levels to look out for where we can expect Nasdaq to bounce from these levels. And as long these levels are intact uptrend in Nasdaq will remain intact.(end)



Long term chart support for Nasdaq stands@ 2781/2700




Wish it takes the much needed support & BOUNCE.














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