nasdaq-100 : projected resistance 1428

  1. 1,248 Posts.
    Melbourne Qindex 08:54 GMT April 16, 2005
    NASDAQ-100 (ND, CME) - A projected resistant level has been established at 1427 - 1428 and a resistant point is positioning at 1446. If the market downward trending momentum is strong enough to penetrate through the barrier at 1398 - 1399, it is very likely that the supporting strength of 1351 - 1363 will be tested later this week.

    Melbourne Qindex 08:50 GMT April 16, 2005
    NASDAQ-100 (ND, CME) : Weekly Cycle


    Projected Resistance 1428 & 1446


    The key quantized levels of my weekly cycle are located at 1351 - 1399 - {1446} - 1494 - 1542. The mid-point reference of the series is defined as the "Super Magnet" in my system. The market has a strong momentum if it can move away from the "Super Magnet".


    ... 1351* ... 1375* ... // 1399* - 1411 - 1422* - 1434 - {1446}* - 1458 - 1470* - 1482 - 1494* // ... 1518* ... 1542* ...

 
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