Lower Stock Prices Tomorrow
NASDAQ: Lower Prices Expected Tomorrow:
Nasdaq has peaked on a Monthly Basis at the same levels as the 2000 Top.
There were two separate opportunities to SELL this market during the intra-day hours. These price points are indicated by the blue circles on the chart.
The probabilities favor a decline continuing into tomorrow.
The first price objective to watch for will be 4100 for the Nasdaq. If prices break below this support area, then, the next stop along the way down should manifest at around 4070.
Should prices instead rise and break the downside momentum they’ve established to this point, you’ll need to watch for an HOURLY close above 4160 to further confirm it as a genuine upswing. These are all short-term, intra-day observations only. – George.
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If popular enough, I’ll continue to post other charts with astronomical market points of immediate interest. Please E-mail me HERE and, thank you for your interest. – George