Thoughts and Insights on the Markets, Economy & Crowd Psychology
Wednesday, July 30, 2008
NDX: Review of the Weekly Chart
The NDX has a very choppy daily chart, but when we pull out to look at the weekly it shows that the NDX is successfully attempting to put in a short term bottom as it continues to form a higher low on the weekly chart.
A realistic upside target for this current rally might be the 1900 area.
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