Wednesday, June 22, 2011

Nasdaq - I don't think 2616 can hold.



The current rebound is about to finish. On the next down journey, I expect Nasdaq to break the 2616 support level.

A bearish Article by Toby Connor published on June 20, 'The Bear Is Back', click to read. The 2616 level is the intermediate cycle low (as mentioned) for Nasdaq.


It's Showtime




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