Thursday, July 21, 2011

A 15 Minuted Look At The Nasdaq 100 (NDX)

As the Euro debt crises honeymoon rally rolls on, so do the charts. Now that the 2400 level has been recaptured we must focus on the level the bots are focused on. This level is the upside resistance that is 2415, over this we within 11 year NDX highs of 2428....

15 min NQ
Draw your conclusions, if we let the past dictate the future the NDX could fail up here. Headlines rule this market.

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