The monthly chart shows 2 dojis for the months of June and July, signaling indecision of traders/investors, and profit-taking.
The weekly chart shows more clearly the selling signal.
The daily chart shows price trading below the 8ema and the 34ema. look for the 200sma to be possible support.
Saturday, August 04, 2007
$NDX Analysis for 08.04.2007
Posted by TraderZ at 8/04/2007 09:56:00 AM
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment