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Nasdaq Chart

 
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PostPosted: Sun May 21, 2006 11:14 am    Post subject: Nasdaq Chart Reply with quote
The CPC spike up and the NAMO spike down (both below price chart) suggests an oversold bounce. However, a further pullback may take place after a short-term bounce. The steep fall suggests upside may be limited, perhaps to the 200-day MA, before a further pullback to the primary lower uptrend line.

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