Friday, February 17, 2017

Nasdaq (update)

This market keeps seeing closing prices above the previous days high and near the top of the current days range.  This is very bullish, but we are approaching my 2nd possible resistance zone @ 5350 to 5410.  There is a fib cluster of four 361s fib extensions in this zone along with a monthly R2, which could stall this rally.



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