Thursday, March 05, 2009

Stock Market Commentary: Tech breaks November lows

Well, at least nobody can feel left out now that the Nasdaq has broken through November reaction lows. I think for the Nasdaq best foot forward is to look for MACD support at the bullish divergence line.


But the Nasdaq 100 remains the strongest index; still room to November lows


Large caps you can only look through the gaps in your fingers


Ugly!

Dr. Declan Fallon, Senior Market Technician, Zignals.com the free stock alerts, market alerts and stock charts website
 
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