RaymondTeo.com Investing Ideas, Stock Market News, Forex Trading created an interesting post today on Tech to Lead Market LowerHere’s a short outlineThe famous index of technology and IT stocks has just closed at 1,500 points on the US overnight session. It’s 5.5% lower than the recent high posted on March 26 at 1,587 points. This level of 1,587 points has been the peak of the recent rally that started at 1,265 points, on March 9. The price action actually rebounded there at it was a previous low, posted twice in February and March 2003. The area between 1,250 and 1,265 points is therefore the main support zone on the medium -term: some s australia stock market
australia stock market news
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment