Thursday, November 5, 2009 at 10:43AM | Asher Pinto
The buy signals we featured on the Nasdaq-100 in the posting "Shorts Beware: Nasdaq et al Showing Positive Divergences on Hourly" earlier this week have proven spot on. The index has rallied nicely since then and, in fact, it is trading perfectly in the middle of the target area that we had suggested.
Nasdaq-100 (NDX) hourly chart showing reaching of target derived from Fibonacci retracement area.
If you haven't already, there's no time like the present to take the opportunity to sign up for a membership package and join us in taking advantage of market moves such as this one.
« Nasdaq Target Area Reached »
The buy signals we featured on the Nasdaq-100 in the posting "Shorts Beware: Nasdaq et al Showing Positive Divergences on Hourly" earlier this week have proven spot on. The index has rallied nicely since then and, in fact, it is trading perfectly in the middle of the target area that we had suggested.
If you haven't already, there's no time like the present to take the opportunity to sign up for a membership package and join us in taking advantage of market moves such as this one.