NASDAQ COMPOSITE moving up from strong support, will find resistance around 4815.


NASDAQ COMPOSITE


  • Nasdaq moving up and now trading above 100 DMA, technical indicates as long as it holds above bulls will be favored.
  • Index also moving up from strong trend line support zone, this indicates @ 4560.
  • On upper side Nasdaq stocks will find trend line resistance around 4815 (its previous top), chart indicates further strength can be seen on it close and holds above 4815. Close Watch.
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Nasdaq Composite Update - 17- 03 -16

Market Close Report: NASDAQ Composite index closes at 4,774.99 up 11.02 points.

Thursday's session closes with the NASDAQ Composite Index at 4,774.99. The total shares traded for the NASDAQ was over 1.85 billion.

Advancers stocks led declining by 2.17 to 1 ratio. There were 1954 advancers and 901 decliners for the day. On the NASDAQ Stock Exchange 42 stocks reached a 52 week high and 30 reaching lows.

The NASDAQ 100 index closed down -.09% for the day; a total of -3.94 points. The current value is 4,400.26.

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