Nasdaq composite index moving up from its previous support zone a shown in above image this will favor bulls.
As long as index holds above 4636 bull will favored and further price rise can be seen in coming days.
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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