Feb 15, 2013

NASDAQ Target Stays Intact



Three months ago in post "NASDAQ Summer Consolidation Close To An End" I pointed out market reversal point based on several technical signals. That included seasonally repeated pattern, MACD divergence, Darvas Box buy signal. Now market is moving north just in line with my expectations. Apple’s weakness appears to be threat for the market rally to some extent but still the rally is intact.


NASDAQ Spring Rally Continues
NASDAQ Spring Rally Continues


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