19/12/2012

NAS takes new high in the sideways trend Tuesday and is just below a new R point

NAS day now.

Holding below next R line which is at 2.710.96 and the bottom of the third wave on downside. The up trend is strong as you can see at the rising 8 and 21 MA soon crossing the 200 MA.

NAS 2 hr now

The top formation is waiting for the rising 8 MA before next move. The same as the Dow and SP500.

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