Jun 30

The Market Last Week
The September NASDAQ 100 was higher overnight as it extends last week's rally above the 20-day moving average crossing at 1469.90. Stochastics and the RSI are bullish signaling that sideways to higher prices are possible near-term. If September extends last week's rally, the reaction high crossing at 1516.00 is the next upside target. Closes below the 10-day moving average crossing at 1454.27 would temper the near-term friendly outlook in the market. Closes below last Monday's low crossing at 1412.00 would renew this month's decline. First resistance is the overnight high crossing at 1482.75. Second resistance is the reaction ...








