The prize this month would be a close for NDX (Nasdaq 100) above 20 monthly moving average, now at 1583. It has been resistance this August, and bulls need to make it happen. Conditions are ripe for a continuation of the rally, so keep an eye on that number for comfirmation that the worst is over short term.
This entry was posted
on Friday, August 25, 2006 at 4:21 PM.
