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Technical Analysis: Nasdaq Pulls Back
Published by: wktd 2008-11-21

The Nasdaq (first chart below) pulled back inside what looks like a bearish rising wedge today. So far we'd have to say the rally doesn't look very impressive, but we wouldn't be surprised to see it continue a while — dip buyers and momentum seem to favor the bulls for now. That said, a move below 1850 could be the start of a pullback; support levels below that are 1840 and 1830. Resistance is 1861-1865, 1870 and 1880. The S&P (second chart) also looks a little wedge-like; below 1102, a correction could begin there too. Below that, 1100 and 1095 are support, and 1106-1110 is major resistance. The Dow (third chart) has support at 10,145, 10,130 and 10,080, and resistance is 10,200 and 10,250.

High return stock picking system by technical analysis NASDAQ NYSE ::
Stockspicked - high return stock picking system by technical analysis, CTXS finished the pull back two days ago. If you enter the position here the stop
http://www.stockspicked.com/index.php?option=com_content&task=view&id=37&Itemid=32
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One Shot One Kill Trading - Google Books Result::
href=http://books.google.com/books?id=_lnbtvUgSZkC&pg=PA38&lpg=PA38&dq=Technical+Analysis:+Nasdaq+Pulls+Back&source=web&ots=38j0_d2xFk&sig=vfk2GfL300s-TYt8laT8kLauEto&hl=en&sa=X&oi=book_result&resnum=21&ct=result class=l onmousedown=return clk(this.href,,,res,48,)>One Shot One Kill Trading - Google Books Resultby John Netto - 2004 - Business & Economics - 320 pagesA look at the Nasdaq 100 Index of January 2001 shows a classic example of a market that breaks through a major trend line only to pull back after breaking
http://books.google.com/books?id=_lnbtvUgSZkC&pg=PA38&lpg=PA38&dq=Technical+Analysis:+Nasdaq+Pulls+Back&source=web&ots=38j0_d2xFk&sig=vfk2GfL300s-TYt8laT8kLauEto&hl=en&sa=X&oi=book_result&resnum=21&ct=result
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Technical Analysis: Still Cautious - play.tm::
Technical Analysis: Tech Stocks Take the Lead. internet.com The Nasdaq is internet.com Stocks may need to pull back before the year-end rally kicks in.
http://play.tm/wire/1310134/technical-analysis-still-cautious/
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FSO Market WrapUp "Fundamental Vs. Technical Analysis and More" by ::
Dec 11, 2006 Technical analysis assumes that market psychology influences trading in a . much of the sector pull-back that occurred in early November.
http://www.financialsense.com/Market/kirby/2006/1211.html
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