Dec 5, 2012

NASDAQ100

There is short opportunity on NASDAQ100 in hourly chart. The Head and Shoulders figure is the very well known pattern from the Dow theory.  The target should be around 2628 level. I also expect C wave to unfold and fill 100 % of A wave which is somewhere arround these levels (2632). A wave starts at 2698.54 and marks short term top.



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