Notice that the NDX has still NOT closed above the downward trendline on the daily chart and is well below the 30MA.
Weakness in AAPL, RIMM, GOOG, AMZN and the $SOX (Semiconductor Index) continue to hold the Nasdaq 100 down.
NDX Daily Chart:
Tuesday, February 12, 2008
NDX Levels
The NDX gapped up with the rest of the market this morning, but fell after testing the R2 pivot resistance at 1813. It fell the rest of the day down below the S1 Pivot, got a little bounce and closed down $12.55 to 1780.54.
Notice that the NDX has still NOT closed above the downward trendline on the daily chart and is well below the 30MA.
Weakness in AAPL, RIMM, GOOG, AMZN and the $SOX (Semiconductor Index) continue to hold the Nasdaq 100 down.
NDX Daily Chart:
Notice that the NDX has still NOT closed above the downward trendline on the daily chart and is well below the 30MA.
Weakness in AAPL, RIMM, GOOG, AMZN and the $SOX (Semiconductor Index) continue to hold the Nasdaq 100 down.
NDX Daily Chart:
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment