On tuesday, I mentioned the possibility of QQQQ getting up to 47.20 on the bullish COMP outlook. QQQQ high so far is 47.16. Shorts got clobbered by not respecting price. If you missed it, don't worry you are not the only one, at least from bottom to top. It was a very difficult day to trade today, but the VIX was under pressure and that foretold a rally.
Here we go, QQQQ just tagged 47.20. NQ is at 1923, just shy of 1925. It looks like we are headed for a challenge of the multi-year highs, but semis need to get back on board. YM target is still 13700/13713 for May, we are close.
Al time high close for SPX. Actual all time high is higher, but on a closing basis, we hit the record books.
Here we go, QQQQ just tagged 47.20. NQ is at 1923, just shy of 1925. It looks like we are headed for a challenge of the multi-year highs, but semis need to get back on board. YM target is still 13700/13713 for May, we are close.
Al time high close for SPX. Actual all time high is higher, but on a closing basis, we hit the record books.
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on Wednesday, May 30, 2007 at 5/30/2007 03:49:00 PM.
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