NASDAQ Forecast August 13, 2014, Technical Analysis » Fx Empire …
Get Forex buy/sell signals directly to your email and by SMS.
The NASDAQ went back and forth during the session on Tuesday, ultimately filling the gap from the previous session. The fact that we bounced enough to form a hammer suggests that perhaps we will try to break the top of the shooting star at the 4420 level, which of course would be a very positive sign. That would have us heading back towards the 4500 level, where a break out above there would be a massively supportive move for the market and should see us heading to the 5000 level. Selling isn’t even a thought at the moment.
Source:
NASDAQ Forecast August 13, 2014, Technical Analysis » Fx Empire …
See which stocks are being affected by Social Media
