Technical Analysis of STOCKS & COMMODITIES
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NASDAQ Composite Breaks
Nasdaq Composite Breaks Down From A Bearish Pattern
ARTICLE SYNOPSIS...The Nasdaq composite broke down from a bearish head and shoulders pattern on both the daily and weekly pattern. It has returned from the upper end of its weekly range to continue trading in a consolidation range.
ARTICLE SYNOPSIS...The high-tech index hit a 2006 high of 2375 in April and then fell more than 300 points into the dog days of summer. Now an upleg is under way.