Déjà Vu in the Nasdaq 100?
December 22, 2010  Analysis from Chris Kimble 

Here's another chart from Chris Kimble — an interesting look at the Nasdaq 100 and Fibonacci resistance.

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Chris comments: Do you remember when the NDX was trading at the same levels as today?

The Nasdaq 100 seemed to be influenced by good ole uncle Fibonacci back in 2007. Now the same key level is being tested again!

It paid to harvest against Fibonacci resistance in 2007 at 2,239. Will it be different this time around?


For the most up-to-date Kimble analysis, check out Chris's blog: Kimble Charting Solutions.