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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: backman who wrote (82984)6/21/2002 1:21:08 PM
From: Softechie  Respond to of 99280
 
Nasdaq Composite Intraday -- Technical -- Failed to hold above minor resistances mention earlier (see 9:59 comment) and has retested the June low at 1445. While this creates the potential for at least a temporary bounce, it will take a push through 1451 and 1460 to improve the very short term tone. Next resistance is at 1480. Inability to accomplish this leaves the door open to a near term breakout with the next support of importance at 1425/1420.


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