Tuesday, September 20, 2011

Before the Bell: Updated Chart of Nasdaq



From last night's edition of The Market Pulse, the above chart was presented. As you can see price has reached my target. Please refer to my original post for further details as additional upside may exist.

Interestingly, the emini S&P traded down last night and as I woke, found that a reversal has been made. To say the least, the move has got me on the edge of my seat. However neither market is confirming the other leaving this early strength questionable.

I'm watching for a bullish trap in either market.

let's see what happens.

1 comment:

  1. An update has been made on the Nasdaq at: http://bit.ly/r5DvCG

    ReplyDelete