PM udpate:
New highs for QQQQ/NDX as well as semis (SMH). Bonds are selling and that gave the all clear. NQ needs to hold 1986.75 and ES 1465.50 as we head into the close. SPX 1460 is also a big number (50%).
YM has solid resistance at 13282, 10 dma.
If bulls really take off, QQQQ has a gap to close at 49.14.
There are so many bears out there, it was almost a given we were going to get day like this.
New highs for QQQQ/NDX as well as semis (SMH). Bonds are selling and that gave the all clear. NQ needs to hold 1986.75 and ES 1465.50 as we head into the close. SPX 1460 is also a big number (50%).
YM has solid resistance at 13282, 10 dma.
If bulls really take off, QQQQ has a gap to close at 49.14.
There are so many bears out there, it was almost a given we were going to get day like this.
This entry was posted
on Tuesday, September 11, 2007 at 9/11/2007 01:50:00 PM.
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