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Saturday, March 3, 2012

NASDAQ LOOKING MUCH MORE BULLISH THAN DOW

I HAVE PREPARED A LITTLE TECHNICAL REPORT WITH CHART SUPPORT IN 1ST WEEK OF FEB 2012 ON NASDAQ WHERE I CAME TO CONCLUSION THAT NASDAQ COULD SEE LEVEL OF UPTO 3500-3600+ OVER A PERIOD OF 1 YEAR+- PROVIDED IT MAINTAINS SOME OF ITS KEY SUPPORT LEVEL.
CURRENTLY ITS BELOW 3000.

5 comments:

  1. I talked of some key support level for Nasdaq above which it will remain strong. Short term support stands at 2873/2858 whereas in the long term chart Support stands at 2781/2700. These are the key levels to look out for where we can expect Nasdaq to bounce from these levels. And as long these levels are intact uptrend in Nasdaq will remain intact.

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  2. Nasdaq hits high of 3532 on 22nd May 2013

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