Friday, October 8, 2010


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DJI and S&P 500 indexes just broke their September 17's high. Good sign to rally closer to the resistance seen in April 2010. The Nasdaq 100 is behind. As I previously mentioned, the Nasdaq 100 rally in September was much stronger in comparison to the September's up-move in S&P 500 and DJI sectors. Therefore when it comes to new highs the Nasdaq 100 stays behind of other indexes.

The market continue to be volatile. I will not be surprise to see another swing down, especially after such increase in volume during the last swing up.

1 comment:

Anonymous said...

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