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jasperlawler

Nasdaq: Still in an uptrend

Long
US Composite Index (TVC:IXIC)  
jasperlawler Updated   
TVC:IXIC   US Composite Index
Trend Lines Moving Averages nasdaq nasdaq100 nasdaqcomposite
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1
trendline movingaverage nasdaq nasdaq100 nasdaqcomposite
Of course yesterday's big drop could be the start of a top in the Nasdaq - but now that is not confirmed
Price is still above its rising trendline and 50 DMA, which means the pullback is a correction - and iif the uptrend is to continue, a dip to be bought
Comment:
Well - price is under both now !
Let's see how we close - time to readjust

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