gann box on nasdaq

  1. 1,427 Posts.

    Just for interests sake , here a Gann Box treatment of the Nasdaq COMP remaining rather positive. Conjecture among some Stateside this rally may continue trending positively for some time yet, blowing off briefly by late April or whatever to provide ( possible US Fed int hike as trigger ? ) the year's buy in opportunity if their market reacts with Shock and Awe.

    The US Nanotechnology sector has been ultra hot over the last three months. Try NGEN for a percentile rally of late, went 450% in six weeks. Dwarfing even commodity stocks.

    http://www.boomspeed.com/stox2000/GannBoxComp1-9-04.GIF
 
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