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NASDAQ Index Nears 2400 Support

Posted by Blain Reinkensmeyer
December 26, 2006 at 10:58 am

NASDAQ.png
The NASDAQ opened today just under 2400, with a low on the day thus far of 2397.68. Volume has been declining which is good for support, but be catious as a fall and close under this line and the 50 Day Moving Average - the blue line - is very bearish.



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1 Response to "NASDAQ Index Nears 2400 Support" »

Comment by Brian R
2006-12-27 17:31:24

when did you start getting into these types of chart patterns, what is the difference from IBD’s charts?

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