I strongly believe that the charts often speak themselves,
you
just need to look at them from the right angle and at the right moment
- JB90
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11/30/2000
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We are still in a bull market ...? |
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Looking at the weekly chart of the Nasdaq Composite index on logarithmic scale, the answer is probably "Yes, we are". If we hold the current blue trend line, chances are that a renewed bull rush will come again into the markets. If even that happens, we think 5000 mark will be a strongest and a longest one resistance to break. If the market situation worsens father, we don't think we can go much
lower than 2200 level either. Good luck, Subscribe to our newsletter
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