It’s the third time that the NASDAQ 100 reached the 1280-1290 resistance during the last 90 days. Oh guys, 3 times is powerful and indicates a strong barrier.

I pray that the Nasdaq 100 has enought power to break this resistance. If the NASDAQ 100 fails, the next support lines should be 1240 and one more step down 1160. But if the indice wins the fight, I see a target of 1330.

The next days we will see the direction.

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This entry was posted on Sunday, March 29th, 2009 at 7:38 pm and is filed under Chart Gallery. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.