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We test the overnight lows for NQ and they hold as does the QQQQ March gap close at 41.48. ES held 1168 on a test as well. We could have seen the lows for the week, maybe the month. It will depend on XLF finding buyers above 18 and ES holding 1172. If you went long ES, stops at 1171. Now at 1182. Resistance 1185. Trade it, don't love it.
We test the overnight lows for NQ and they hold as does the QQQQ March gap close at 41.48. ES held 1168 on a test as well. We could have seen the lows for the week, maybe the month. It will depend on XLF finding buyers above 18 and ES holding 1172. If you went long ES, stops at 1171. Now at 1182. Resistance 1185. Trade it, don't love it.
This entry was posted
on Tuesday, September 16, 2008 at 9/16/2008 09:41:00 AM.
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