Sunday, October 25, 2009

NDX 100 - Big Picture " Road Map"

Weekly chart to follow coming weeks.
I expect Top Medium-Term between [1761-1811].
Natural target for first pullback between [1420-1490]
**************** Advise ********************
Build short positions > 1760
First Target [1490-1520] 70%
Second Target [1420,1450] 30%
********************************************
Indicator didn`t follow price.
Testing this week again important resistance Medium-term.
Market Losing Momentum.
Possible bearish divergence but need confirmation.

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