Friday, March 21, 2008

$NDX Update for 03.22.2008


Monthly chart shows current support off the 50sma. No buy signal/pattern evident on this timeframe.

Weekly chart shows early bulls showed up last week. Look to see if we get follow through next week or not.

Daily chart shows support in place in the short term. Look for a retracement of the last leg down from 1866 resistance area.

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