Stock Observations Using Technical, Fundamental & Sentiment Analysis
Monday, March 8, 2010
Can $SPX & $NDX Break Higher?
A look at the S&P500 & Nasdaq 100 using respective indicators of stocks in index trading over their 50/150/200 moving averages. Key Resistance Levels 1,150 $SPX & 1,900 on $NDX. Also, even though the Volatility Index ($VIX) has declined a great deal from a year ago..it can continue to go lower as the market climbs higher.