Until now, ES and NQ were the only ones that had traded in the February gaps. YM finally made it up there Sunday evening (12684), now we see what bulls are made of.
Semi-conductors are in the hot seat as well. SMH faces its Feb gap at 35 and the long term triangle on the weekly chart is coming in play right at the gap convergence. It will be tough to crack that level before INTC reports, but if we do next resistance is 35.20. Support is 34.35.
Semi-conductors are in the hot seat as well. SMH faces its Feb gap at 35 and the long term triangle on the weekly chart is coming in play right at the gap convergence. It will be tough to crack that level before INTC reports, but if we do next resistance is 35.20. Support is 34.35.
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on Sunday, April 15, 2007 at 4/15/2007 09:02:00 PM.
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