The Nasd like the S&P enjoyed a nice rally higher, and put in a high at 1825.00. The index was able to break through
the daily resistance line, which today resides at 1808.00, and maintain above there. I am looking for a visit back to
that line at some point, and if we can get below 1819.50 this morning, that may be the first signal that they are on the
way. Longer term resistance now comes in at 1840.00, and I do not expect much action above there initially.
Nasdaq 9-2-2010
September 2nd, 2010 by admin Leave a reply »
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