The Nasdaq 100 (NDX) has broken above resistance and doesn’t appear to have much to stop it until near 2040. Maybe too many people are short and the market won’t go down until we have a blowoff move up… that is just speculation though.
Chart courtesy of Stockcharts.com
Post Modified: July 3rd, 2008 at 12:26 am
Tags: Breakout · Nasdaq Charts · Square of RangeNo Comments
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