Thursday, February 21, 2013

NASDAQ Triple Top Levels

So here are a few levels to keep an eye on for a reversal.  2963 would be the first which coincides with the Fibonacci retrace and a more conservative view to a Triple Top trend line.  The second level of interest is 2884 which violates the liberal trend line view for the triple top scenario.  As always try not to get sucked up into the emotion of it and place your stops and stick with your plan.



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