Thursday, July 12, 2007

NDX Goes Ballistic - Again!

The Nasdaq 100 made another move up today showing it's continued strength by break out even further above the long term channel we can see on the 3yr Weekly Chart. Note too how it's had this same type of "sustained" growth in prior years as well -- it trends good when it's trending.

NDX 3yr / Weekly Chart
Very possible this one could keep going up for a while based on it's past patterns.

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