The Nasdaq-100 Index joined the Russell-2000 and the Nasdaq Composite, in having broken the intermediate highs that were put in place on the index in January. Assuming that these levels are maintained, the index should now have a clear path to the 1940-level, which is the target derived from the bull flag that was broken, last week.
« NDX Breaks Intermediate Resistance »
The Nasdaq-100 Index joined the Russell-2000 and the Nasdaq Composite, in having broken the intermediate highs that were put in place on the index in January. Assuming that these levels are maintained, the index should now have a clear path to the 1940-level, which is the target derived from the bull flag that was broken, last week.