Good call on that yesterday, pt! Here's the NDX daily chart showing where we stopped, which is amazing. It's the old rising support originating from the 795 and 947 2002/2003 lows:
It's rising 2.5 points a day, so if we're going to go to 1512 by next Thursday, we might have a spike high so we don't go closing over that level. It also may mean we're going to be sideways for a couple of days consolidating this move if we don't take out that line on a closing basis.
If you look at the 5-days prior to the 1560 NDX high in January the consolidation prior to that high would seem to be a good example of what we might have happen here early next week. We'll see.
Market Data 
Markets 
AI
