YM (Dow futures) looks vulnerable but NQ and techs have done a bullish breakout and as long as NQ 1811.50 holds, we could be challenging today's highs. If it really takes off, 1842.75 is swing resistance above 1825. Failure to get a close tomorrow above 1825 probably ends the rally. One does cringe a little seeing the VIX back down in the lower range of the past six month.
This entry was posted
on Wednesday, February 07, 2007 at 2/07/2007 04:12:00 PM.
You can skip to the end and leave a response.
» Post a Comment