Chart Talk {04.28.17}
Today's chart is from the good folks over at Chart of the Day. You can link to their main page here. {Subscription Required}. Below is their commentary:
"{On Wednesday}, the Nasdaq topped 6000 for the first time. For some perspective on the tech-laden Nasdaq Composite, today's chart presents the overall trend of the Nasdaq since 2000. As today's chart illustrates, the Nasdaq's seven-year post-financial crisis rally is still very much intact. In fact, even with today's milestone record high, the Nasdaq is not yet trading near resistance."
*Long ETFs related to the Nasdaq in both client and personal accounts although positions can change at any time without notice here or via any other form of media, including but not limited to print or electronic.
Back Tuesday.
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