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S&P 500
5,633.91
(
1.02%
)
US TECH 100
20,107.19
(
0.99%
)
Dow Jones
39,721.36
(
1.09%
)
Brent Oil
85.36
(
0.36%
)
Bitcoin
57,557.55
(
-0.34%
)
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opnion

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opnion

Re: gtober post# 195

Tuesday, 07/12/2005 9:16:35 AM

Tuesday, July 12, 2005 9:16:35 AM

Post# of 358
To me all the nasdaq rallies are just smoke-n-mirrors unless and until 2240 is taken out. To break above the longer term bearish resistance line dating back to sept 2000. As time goes on the 2240 will be lowered some with rollovers.
http://stockcharts.com/webcgi/Pnf.asp?S=$COMPQ&Y=U&B=70&E=on&N=A&C=2

Looks like 2800-3000 might be a next target if and when the nasdaq makes up its mind. I would feel more bullish IF that span around 1500 was filled first.
http://stockcharts.com/webcgi/Pnf.asp?S=$COMPQ&Y=U&B=140&E=on&N=A&C=2
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