HANG SENG INDEX moving up from support @ 24370, will now find resistance around 2500.


HANG SENG INDEX


  • Index has formed head and shoulder formation in daily chart and has made a bullish breakout as it closed above it major resistance @ 24370.
  • Previous resistance is now acting as a major support. And Index is moving up from 24370 as shown above. As long as Hang Seng Index holds above 24370 bulls will be favored.
  • On upper side Index will now find strong trend line resistance around 25050 (its previous top). Further price rise can be seen once it close and holds above 25050.
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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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