20 May 2006
Nasdaq Chart - Global Market Correction may have completed! Nasdaq strong support 2200, see weekly chart, neckline of rising triangle, downside limited, worst senario drops to 2100
At least, there will be a technical rebound. Buy selectively to participate the expected technical rebound. Market may begin to consolidate in the bottom for a few days before a real rebound. Buy low, now it is low.
At least, there will be a technical rebound. Buy selectively to participate the expected technical rebound. Market may begin to consolidate in the bottom for a few days before a real rebound. Buy low, now it is low.
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I see an up-ward wedge forming on NASDAQ that you have displayed, it should be heading for 1900 level.
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