PM update:
We get the push to ES 1285. QQQQ gets past its 20 dma (46.85) on an oil drop to 117, but note the NQ 200 dma at 1911. The VIX has dropped to 19.61. I'm not usre we can go much higher today, if we do, watch NQ 1919. The RUT has moved up to 10 dma resistance at 735.35 (ER 735.80). IWM puts look tempting here, as long as it stays below 73.50.
DELL is hitting 25.75 resistance ahead of its earnings tomorrow. The chart is bullish, I would not be surprised to see it breakout.
We get the push to ES 1285. QQQQ gets past its 20 dma (46.85) on an oil drop to 117, but note the NQ 200 dma at 1911. The VIX has dropped to 19.61. I'm not usre we can go much higher today, if we do, watch NQ 1919. The RUT has moved up to 10 dma resistance at 735.35 (ER 735.80). IWM puts look tempting here, as long as it stays below 73.50.
DELL is hitting 25.75 resistance ahead of its earnings tomorrow. The chart is bullish, I would not be surprised to see it breakout.
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on Wednesday, August 27, 2008 at 8/27/2008 12:48:00 PM.
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