Ask Vendit Off Topic Questions

[Vendit]

Im looking for $2650 as next test of the NASDAQ. That level this week is highly likely. Over-all the market is technically over-bought and this pull back needed. I was amazed at all of the bullish pump style news releases that I saw in the financial news this morning.

http://www.askresearch.com/cgi-bin/chart?symbol=%24COMPX&exchange=USA&size=640x480&months=3+months&type=Candle&color=Graph+Paper&scale=Logarithmic&moving1=50+day&moving2=None&moving3=None&moving=bollinger&bollinger=10+day&ind_sto=on&sto=5-3-3&ind_wpr=on&wpr=12&rsi=8&ind_macd=on&macd=8-17-9&roc=16-8&ind_mfi=on&mfi=13&refresh=180

The only iffy thing I see in that chart which is not fully bearish is the candle that formed today. It indicates the market went neutral after an initial sell off. I expect a continued move lower based on the other indicators.(test of window)