Nasdaq Is Saved
Posted: April 15, 2014 Filed under: Broadening Top | Tags: $COMPQ, NASDAQ, QQQ
The Nasdaq (COMPQX) has been saved today as it has almost completed a 4 months broadening top. Both the Nasdaq and Russell 2000 have a similar top. But recently the nasdaq has been the weaker index. A close below 3968, implies a target of 3,580.