Thursday, November 8, 2007

NDX 2 Day / 15m Chart

Note the fib levels on the close today and the interesting price action in the last 15 minutes as it fell from the 38.2% back down to 23.6% support.

Looking forward to tomorrow, a likely range would be between 0% $2066 and 50% $2145.

The black dotted line you see between those 2 levels is the bottom of the sideways channel it's been in for the last month or so. It peeked it's head above it, but fell below in that last 15 minutes.

NDX 2 Day / 15m Chart:

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