Tuesday, May 24, 2011

Russell 2000 and Nasdaq Breakout 5/24

The nasdaq and russell 2000 are both looking to break important levels here in the Asian session. Nasdaq is headed to a strong support from previous lows around the 2285 mark while the russell is headed towards the psychologically important level of 800. There could be a good sized overnight move if these levels break here, and then look out below!

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