LunaticTrader

Investing with the Moon

Outlook 19 April

Posted by Danny on April 19, 2010

Looks like we got our peak last Thursday.

A Nasdaq drop below 2450 would confirm the probable end of this move that started last February.

Expecting more downside pressure on stocks for the rest of the month.

Initial downside targets for Nasdaq are 2300 and next 2200.

Regards,   Danny

Post a comment (disagreement also welcome):

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

 
%d bloggers like this: