Sunday, April 27, 2014

NDX100 fails right where it was supposed to; if you're a Bear.

NDX100 Daily Chart @ Close 04/25/2014
3615/25 defined the 'Danger Zone' for the Over- Sold Rally from 3414.
The 3613 High temptingly close enough for the fleet of foot Tactically minded types to 're- load' the Short Trade on a 'what- if' basis should the Biotech 'bubble' be indeed so?
Time will tell.