ER is testing January highs at 807.10, must hold for bulls. YM 12602 is now resistance after a failed bid at 12624, 20 DMA. NQ needs to hold trendline support at 1785.
Most of the chop today is option related, but the bias is still down. Weekly S1's should come in play this week at some point. YM monthly pivot at 12585 is also on everyone's radar this morning.
Most of the chop today is option related, but the bias is still down. Weekly S1's should come in play this week at some point. YM monthly pivot at 12585 is also on everyone's radar this morning.
This entry was posted
on Monday, February 12, 2007 at 2/12/2007 11:42:00 AM.
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