So now interest rates are getting too low. lol. At this point we are looking at a healthy correction after a strong run up. If the selling continues this AM I will be watching 14400 area. Currently at the 9 ema. A move to 14400 would take it to the 21ema, 236 fib and trend line support.
Commentaire:
So eventually the Nas pulled back to 14400 zone and gave perfect bounce back to ATH. Will watch for follow through this week.