SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Sharck Soup
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Tom Hua who wrote (26737)6/8/2001 11:27:18 AM
From: StormRider  Read Replies (1) of 37746
 
11:00 ET Nasdaq Composite : -- Technical -- Very limited trading at modestly lower levels.
Unfortunately, the index has pushed back below a trendline off the Jan/May highs (roughly 2240 today).
Given the 9% advance in a little more than a week some type of correction was due. Short term support
is at 2205 with a retracement barrier (38%) of the recent surge at 2192. A sustained breach of the
trendline initially targets the 2280 area followed by the recovery high at 2328.

btw, i agree, great call knight!
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News