- Posted December 13, 2013 by
Nasdaq makes important Reversal
Several years ago the OTC was transformed into the NASDAQ. Several respectable stocks are being traded on the NASDAQ.
As you can see on the chart, prices have been going up in a manner that is similar to the top of a Christmas tree. When this occurs, specific measurements are made with the Andrews Babson techniques and a topping area is projected.
This week the NASDAQ is reversing in the topping area.
Considering that there have been similar indications in the Dow and S&P 500. This would probably be a good time to put money in the bank and earn .0000001 % interest.