Nasdaq and NYSE Testing New Breakout Levels

Nasdaq and NYSE Testing New Breakout Levels

Is a very broad index and the Tech sector in the states testing important price points? We think so! These two charts reflect that these indices have created a series of lower highs and lower lows. The strong rally off the lows around Christmas have the New York Stock...
Tech Testing 16-Year Breakout Level!

Tech Testing 16-Year Breakout Level!

Tech ETF QQQ is testing a key Fibonacci level that dates all the way back to its lows back in 2003. If it succeeds in breaking above this Fibonacci level, would it send a positive message to Tech and the broad markets? I think so. Fibonacci was applied to the 2000...