Exchange and the NASDAQ were trading at close to 4320. Currently, there is a potential for a fall in the framework of the beginning of the descending pattern 5-0. As you can see, NASDAQ quotes tested the upper limit of the model and showed a fall.
NASDAQ forecast — May 19, 2016
Target of the pattern 5-0 on the NASDAQ stock exchange is the area a below 4240. Cancellation option will drop strong growth and penetration of downtrend channel upper limits at a level above 4420. An additional signal in favor of the fall is the test of the descending trend line on the indicator of relative strength that also points to the drop in NASDAQ quotes. NASDAQ forecast — May 19, 2016 assumes a reduction in the framework of the mining model 5-0 for the purpose of falling below 4240.
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