Nasdaq under performs the DOW JONES and S&P 500 for last 3 weeks So NASDAQ COMPOSITE INDEX is the weakest of the all.NASDAQ COMPOSITE INDEX is the high beta index of the three US stock indices. NASDAQ COMPOSITE INDEX FUND is the best way to invest in the Nasdaq index.
Last week Nasdaq composite index opened the week at the level of 6361 and immediately went up to register the weeks high at 6423 and then sellers dominate the week and the index fell to the level of 6214 which is the last week low and closed the week at 6256.
For coming week support for the NASDAQ composite index is placed at 6210 to 6220 if support breaks then the index will crash to the levels of 6146 to 6156. If the support holds the NASDAQ composite index may rise to the levels of 6340 to 6350.