We have got another buy signal now that we have broken the 2840 resistance on NASDAQ Composite, COMP. On 4/18/2011 we were close to the support level at 2700, but we were never under it.
So, if you followed me and bought on the rebound and used 2700 as your stoploss level you are still in the market. Now I lift my stoploss level to slightly under 2800. It looks like we could have a very strong market ahead.
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