Sunday, December 21, 2008

$NDX Update for 12.21.2008

NASDAQ 100 INDEX - $NDX

Monthly chart remains bearish, with no buy signal in place on this timeframe.

Weekly chart shows indecision between the bulls and the bears, as the last three trading weeks trading activity resulted in a hammer, doji and spinning top.


Daily chart shows the bulls were unable to gain any traction all week.

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