Mid-morning update:
The Yen catches a bid and the party is over. YM tests 12400 and NQ is at overnight lows. Gold perks up, now at 669.50. A close above 670 (June contract) would get more gold bulls on board. That one is an accumulate on dips if 666 holds. Target 685.
NQ will need to hold 1781, 20 DMA and YM 12369 38.2% or things could get nasty.
The Yen catches a bid and the party is over. YM tests 12400 and NQ is at overnight lows. Gold perks up, now at 669.50. A close above 670 (June contract) would get more gold bulls on board. That one is an accumulate on dips if 666 holds. Target 685.
NQ will need to hold 1781, 20 DMA and YM 12369 38.2% or things could get nasty.
This entry was posted
on Friday, March 30, 2007 at 3/30/2007 11:29:00 AM.
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