Thursday, March 15, 2012

US Market Update

Index Nasdaq:


http://www.obrolanbandar.com/pikixic120314.png

- Nasdaq is running in C wave impulse 12345 enclosed in Rising Wedge Pattern

Definition:
The rising wedge is a bearish pattern that begins wide at the bottom and contracts as prices move higher and the trading range narrows. Rising wedges definitely slope up and have a bearish BIAS.

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