Wall St. Warrior
Monday, August 11, 2008
NASDAQ Technical Picture - Testing 200 DMA
I see a topping candle as we test the 200 DMA, so tomorrow, I'll be looking for a test of trend line support. We came close to tagging it late in today's session. Also note that the afternoon pullback was on heavy volume.
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I see a topping candle as we test the 200 DMA, so tomorrow, I'll be looking for a test of trend line support. We came close to tagging it late in today's session. Also note that the afternoon pullback was on heavy volume.
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Post a Comment