Saturday, September 12, 2009

Nasdaq's next target is 2150


From the weekly Nassadq charts, it tells that next Nasadq's target is 2150. Before getting there, we may see short term correction, but I expect we will get there soon since the uptrend is so strong. Since 3/2009, market has been refused any bigger correction. I expect once Nasdaq gets to 2150 and $SPX gets to 1080 to 1190 area, the market will porbably start big correction in the form of starting intermediate downtrend.

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