While many are calling for a bottom to the market, I'd like to discuss the all the possibilities on the call tonight.
Are we getting a rounded bottom on the NDX daily chart?
NDX Daily Chart:
Thursday, March 20, 2008
NDX Levels
The NDX that originally lead last years bull rally continues to consolidate in the 0.0% to 23.6 fib range but has had some incredibly large intraday moves over the past 2 months. However, you'll notice on the charts that the index itself has slowing continued a grind down.
While many are calling for a bottom to the market, I'd like to discuss the all the possibilities on the call tonight.
Are we getting a rounded bottom on the NDX daily chart?
NDX Daily Chart:
While many are calling for a bottom to the market, I'd like to discuss the all the possibilities on the call tonight.
Are we getting a rounded bottom on the NDX daily chart?
NDX Daily Chart:
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