Stockmarkets Move Up. Heavy Resistance Soon.

The stockmarkets continue to show strength. How far will we go? There are heavy resistance at the 2 890 level on COMP. See the monthly chart attached.

Even More Buy Signals

NASDAQ Composite Index got even more buy signals now that it managed to break the resistance level at 2 750.

Now we rapidly move against my goal around the 2 888 resistance area.

Buy Signals in COMP

NASDAQ Composite (COMP) is moving higher. We have got several buysignals.

Stochastic is on a high level, but in this kind of market COMP could continue to rise in spite of that.

Now it looks like COMP could go up and test the resistance area around 2 888. It looks though like this is a bearmarket rally, so I will trade with close stops.