Saturday, May 17, 2008

NASDAQ 2530's Target MADE


(Click On Chart To Enlarge)

From April 18:

"A breakout would put the 2530's IN PLAY). "

The NASDAQ printed 2537.41 on Friday, just below the November 26, 2007 low of 2539.81, and right at the 2538 target. I didn't calculate it exactly, but it's very close. Nice rally out of the DOUBLE Inverse H&S.

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