Watch NQ 1803.50, 5 DMA. Overnight lows are 1795 and should be tested.
We could see NQ 1781 and QQQQ 43.60, where support lies. It depends on the action once we test NQ 1795.
NDX 10 DMA was adjusted over the weekend to 1773, so correct the previous post quote. Now NQ 1781.50. An NQ trade above 1808 gets the bulls going again.
Oil is dropping, but for the wrong reasons: i.e slowing economy, and that should not be too helpful today for stocks after the Loews warning. Besides, QM has support at 58.15.
We could see NQ 1781 and QQQQ 43.60, where support lies. It depends on the action once we test NQ 1795.
NDX 10 DMA was adjusted over the weekend to 1773, so correct the previous post quote. Now NQ 1781.50. An NQ trade above 1808 gets the bulls going again.
Oil is dropping, but for the wrong reasons: i.e slowing economy, and that should not be too helpful today for stocks after the Loews warning. Besides, QM has support at 58.15.
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on Monday, November 20, 2006 at 11/20/2006 09:35:00 AM.
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