AI
Monday, May 05, 2003 12:39:57 AM
Evening Bernard,
I agree that the markets could indeed continue to be Bullish and whether or not a move above 8600 can hold support might be the key. If we do clear 8600 then 9000 could be the next target. The Nasdaq seems to be the index triggering the selloffs at resistance though and the other indexes might be following, maybe. The INDU seems to be the laggard anyway IMO. If we don't hit resistance here then the next targets will be 1525 Nasdaq or 1150 NDX. I think that the INDU and SPX will just follow whatever happens here or there, continuation or pullback, maybe.
Enjoy the Evening Bernard! :^)
http://www.indexpulse.com/daily.html
I agree that the markets could indeed continue to be Bullish and whether or not a move above 8600 can hold support might be the key. If we do clear 8600 then 9000 could be the next target. The Nasdaq seems to be the index triggering the selloffs at resistance though and the other indexes might be following, maybe. The INDU seems to be the laggard anyway IMO. If we don't hit resistance here then the next targets will be 1525 Nasdaq or 1150 NDX. I think that the INDU and SPX will just follow whatever happens here or there, continuation or pullback, maybe.
Enjoy the Evening Bernard! :^)
http://www.indexpulse.com/daily.html
Good Luck to All! :^)
PLAN the TRADE and TRADE the PLAN!
Discover What Traders Are Watching
Explore small cap ideas before they hit the headlines.
