(Click On Chart To Enlarge)
From Yesterday Afternoon:
"The NASDAQ also has taken out 2460 support, and is challenging 2429-2430 horizontal support. The low thus far today is 2435."
The low on the day was 2429, right at horizontal support, and also at the 50DMA. Although the channel off the St. Paddy's Day low has been broken to the downside, the NASDAQ held important support. If 2429-2430 gets taken out to the downside, 2310 will be IN PLAY as long as the NASDAQ trades below that level.
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