Monday, 25 June 2012

NASDAQ-COMP - Analysis - EOD for Jun 25th '12

Looking at EOD charts NASDAQ COMPOSITE has support at 2820 - 2823 levels breaching which can get to around 2809.


Here are the following Fibonacci levels by connecting 3134 and 2726

78.6% - 3047
61.8% - 2979
50% - 2930
38.2% - 2882
23.6% - 2823

Slow Stochastics signal crossover indicating a downtrend and is also in over bought zone






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