I noticed it a few times, when an exuberant top is achieved, like was the case in 2000 for the nasdaq, the top is matched again a few years later with sound fundamentals after what the market corrects again. (note this is exactly what happened on SP500 between 2000 and 2007).
Here Nasdaq matched exactly the highest Monthly open ever achieved in 2000.
note there is resistance from the speed limit of the 2002/2007 rally.
As per my previous post nasdaq is probably going to correct and may come to mark a new top in June.. It will i think the TOP for a long while.
