The NASDAQ 100 (NDX) has not been able to break the 50% Fibonacci retracement at 1635. The 50 fib is usually strong resistance or support( on pull backs). In this case it's resistance. Saturday, August 8, 2009
Nazdaq hitting a wall
The NASDAQ 100 (NDX) has not been able to break the 50% Fibonacci retracement at 1635. The 50 fib is usually strong resistance or support( on pull backs). In this case it's resistance. 
