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STock Market update 4-20-12 NASDAQ Chart |
I commence with my gratitude to The Creator
Markets have been working within a tight range since 04/09/12, and since when market broke below the previous support (which has become a resistance now). This resistance level lies at 3,050 for NASDAQ, 1,388-1,390 for S&P-500 and for DJI is at the level of 13,000-13,010.
Once these levels are taken over solidly, look for new market highs till the next big time cycle of October 2012 (with smaller time cycle creating smaller pullbacks on the way up).
I think market still has some juice left, before it runs out of the bulls-fuel..
Once AAPL takes over the $644, look for the level of $726 level to offer resistance…
THE MOST ACCURATE FORECASTING OF FINANCIAL MARKETS
http://trade-in-harmony.blogspot.com/
AAPL – do you mean $644? And then a support at $626?
No I meant that once 644 is overtaken then next target is $726 for AAPL. That shall create also a serious correction into AAPL
you have been brilliant on this stock.