A likely short term upside target would be 2015 for starters which is the 61.8% fib.
NDX Daily Chart:
Monday, June 9, 2008
NDX: Still Bullish After 2 Down Days
The chart still looks good despite 2 down days. The only negative is that the NDX closed below the 30MA for the first time since March. On the bullish side, it's holding the uptrend and put in a nice looking bottoming tail today.
A likely short term upside target would be 2015 for starters which is the 61.8% fib.
NDX Daily Chart:
A likely short term upside target would be 2015 for starters which is the 61.8% fib.
NDX Daily Chart:
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