NASDAQ 100 Could Hit Multi-Year High This Week
Petros Steriotis | Sep 11, 2014 05:14AM ET
Impressive day for the NASDAQ 100 yesterday that saw the index make back all of Tuesday’s losses. We are at the higher end of the 4.050-4.100 consolidation range that has been prevailing in the last two weeks. Chances favor a new multi-year high for the index today or on Friday, as a breakout from the recent price range, preferably with high volume. There is a lot of support at the psychologically important 4.000 point mark.
NASDAQ 100, daily chart:
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