This is the first of two charts illustrating the similarities with the Nasdaq Composite (IXIC) in 2015 and 2017.
In March 2015 IXIC had a correction that subsequently became major support. In August of 2015 when IXIC broke below the 3/26/15 bottom and the 200 day SMA it triggered a mini crash.
My next post will illustrate the similarities in both form and dates of IXIC in 2015 and 2017.
In July 2015 IXIC made a then all-time high unconfirmed by, nearly every other US stock indices and major national stock indices. In July 2015 the IXIC stocks making new 52-week highs had dramatically decreased from the maximum reached several months earlier.