settimanale e weekly su n100!!


I am sure most of you observed today that NDX broke out above major resistance on the weekly and monthly charts at 2273.98. The major resistance from May 2001, which was the rejection zone in July 2007 was taken out today. If we get a weekly close above this, it's very bullish. If we get a monthly close above this, then forget about all the double top ideas. Incidentally, this is the area where the parabolic advance in 1999 started. Not that all this matters to a ST trader like me. Just another perspective...


Comments

Popular Posts