Morning update:
The news is driving bonds a little lower and equities are moving up to their highs. Above 1901.25, NQ resistance is 1902, 1905 and 1907. For ES it's 1275.50. Oil is still holding 117. So far, the Tuesday reversal is relatively tame, but it will depend on how many takers TNX +3.8% gets.
The news is driving bonds a little lower and equities are moving up to their highs. Above 1901.25, NQ resistance is 1902, 1905 and 1907. For ES it's 1275.50. Oil is still holding 117. So far, the Tuesday reversal is relatively tame, but it will depend on how many takers TNX +3.8% gets.
This entry was posted
on Tuesday, August 26, 2008 at 8/26/2008 10:04:00 AM.
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