Dr_Roboto

NASDAQ rejected off the ATH at 2.146(12458) fib level

CURRENCYCOM:US100   NASDAQ 100
It made a run at breaking the 2.146 level but was rejected by both the 2.146 fib and the black trend line across the recent peaks. It currently is outside of the down channel and the cRSI is showing it overbought. The NASDAQ is in the same situation as the S&P . Both are testing the top limits of the market. So far, both have been rejected. However, it is still important to watch if the NASDAQ slows a bit for some consolidation before another push or will it give up after 4 tries.

Comment: 9:45am
Comment: End of day
Comment: Thursday 9:50 am. Just hang around doing not much.

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