Market (at the least the stocks I prefer) appears to have support around 14770. This level was significant on July 27 and August 19. Both of those days opened weak then turned green.
But I believe 14,770 is tenuous support at best.
This current NDX run started around May 11th at 12,950. My concern is we might still be in for a downside surprise or two.
I was a buyer yesterday, but wished we had more buying at the Tuesday 4:00 close.
Just my $0.02
But I believe 14,770 is tenuous support at best.
This current NDX run started around May 11th at 12,950. My concern is we might still be in for a downside surprise or two.
I was a buyer yesterday, but wished we had more buying at the Tuesday 4:00 close.
Just my $0.02