Is the NASDAQ Composite Index Due for a Correction?

By | July 22, 2013

After a near test of long-term trend line resistance currently sitting at 3,660, two big cap tech stocks, Microsoft ( MSFT ) and Google ( GOOG ) posted disappointing Q2 earnings results last week causing the NASDAQ composite Index (IXIC) to dip by 0.66% on Friday. Although MSFT and GOOG fell by 11.40% and 1.55%

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Is the NASDAQ Composite Index Due for a Correction?