Sunday, January 6, 2013

Nasdaq-100 - Trading view

Relative weakness is a surprise in the last 4 years when talking about techs. Anyway, we can, again, be facing a new bottom.



While the weekly chart can (now) point for a bottom after a strong gap up on the 1st trading day of 2013, what should one expect in the near term? What might happen if price breaks 2713?


If NDX fails here, I will be looking to a gap close or even a new test to 200 days e.m.a.




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