Nasdaq weekly chart analysis, the big picture ;1) The "old support level" is now our main resistance channel
2) Both trends are "broken" (blue & red)
3) Stop loss is clear, (add shares) trigger is right above 2200
Gut feeling ; expect the unexpected (like imagine that was just a bear market retracement !).
Unemployment rate surged to 10.2 percent in October, reaching double digits for the first time in 26 years, it suddenly seemed possible that the nation might yet confront the worst joblessness since the Great Depression.
0 comments:
Post a Comment