NASDAQ Technical Picture - Tech Titans Swoon to Support

The NASDAQ is underperforming as it approaches key technical support levels between 2200 and 2175 on increasing volume. Oil is also approaching its 50% Fib. retracement level and the psychologically significant $100.00 mark. The aggressive selling makes me less confident that the key technical levels will result in anything more than a consolidation point. Read More...

[Source: The Money Blogs]