We should know in the week ahead if there is a confirmed triple top in the weekly Nasdaq cash chart. It was not just close to resistance, it was bang on. How interesting would that be to see a formation over such a long period. The tech high was set in March 2000. It formed the second top in July this year. We now have what could be the third top in this last week of October. Lets see how it goes.
We had some heavy selling into the close on Friday. Will there be a follow on in the week ahead?
No comments:
Post a Comment