Stock Market Viewpoint

Stock Market Viewpoint
Reading the Tea Leaves...

Sunday, September 23, 2012

Sunday Night Quick Glance at the NASDAQ

Stock Market Technical Analysis Blog

Click on image to enlarge


The two charts above are of the Nasdaq, the lower is the year and a half daily bars chart and the upper is the four month chart of the 120 minute bars.  The upper showing the ascension channel since the summer rally began.  The lower shows the midterm channel where QE3 announcement popped the price up on top of its upper channel line.

Alan

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