(Click On Charts To Enlarge)
From June 9;
"...The data point for the trendline for today on the chart should read June 9, not June 7. It comes in at 2476.94. If we close below that, we'll have Negative #2."
After breaking down to 2451 this morning, the NASDAQ rallied back to retest broken support and got to 2476.88, just 0.06 points below the broken trendline..."
Similar to that near EXACT failed retest of broken support, today the NASDAQ broke below 2429-2430-2429 TRIPLE horizontal support (horizontal black line on the daily chart) at 10:00AM this morning, rallied back to 2428.54 for a retest of broken support (see intraday chart), and failed. 2310 is IN PLAY as long as the NASDAQ trades below 2430.
NOTE: Daily Chart does not include today's trading.
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