Nasdaq Lower Highs
By Johns Wu on Feb 09, 2006
I just noticed that the Nasdaq chart is starting to show a more obvious pattern.
The Nasdaq made lower highs last week, which is a bearish signal. It signifies that sellers are trying to get out of the market. Watch how the Nasdaq behaves at the two trendlines to determine whether we are in a bull or bear market.
This entry was posted on Thursday, February 9th, 2006 at 6:24 pm and is filed under Annotated Analysis.
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3 Responses to “Nasdaq Lower Highs”
By Anonymous on February 9th, 2006 at 8:15 pm
sorry.. i dunno of any free sites. i have to pay monthly for my program
stockcharts scanner has limited scanning parameters though.. u might want to check that out
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Is there any site that offers free scanning of stocks based on tech indicators such as BB width, etc.