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Strategies & Market Trends : Trader J's Inner Circle
NVDA 185.09-2.2%3:59 PM EST

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To: Trader J who wrote (43366)5/22/2001 1:18:12 PM
From: ajtj99  Read Replies (1) of 56537
 
Trader J, small moves in the Nasdaq play to the strength of IWOV, which is moving in the direction of the momentum.

I expect the rally to stop tomorrow and take a turn and head down. The NDX is not participating today, and that will eventually cause this to pause and possibly reverse, although 2250 is pretty fierce resistance.
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