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Strategies & Market Trends : Sharck Soup

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To: Sharck who started this subject5/4/2001 11:35:29 AM
From: besttrader   of 37746
 
11:30 ET Dow +20, Nasdaq -7, S&P +1: [BRIEFING.COM] We have a mixed market now as the Nasdaq has pulled back modestly into negative territory. Each of the major indices are off the day's best levels but each also continues to trade well into the upper end of their daily ranges. To this point, the current sell wave looks flat and is not very convincing. The Nasdaq has very near-term resistance in the 2160 area with subsequent resistance in the 2180 area. DJTA -0.4%... DJUA +0.5%... SOX -2.5%... XOI +1.7%... BTK -0.5%... Nasdaq 100 -0.4%... S&P Midcap 400 -0.1%... Russell 2000 -0.1%... NYSE Adv/Dec 1391/1315... Nasdaq Adv/Dec 1439/1713.
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