NDX 1744 is 23.6% 2000/2002 and it seems they wanted to hold it at the open. NQ 1765 provided support as well (10 DMA). Watch 1776.25 if we rally (38.2% sell-off).
QQQQ Max pain is at 44, but I would not be suprised to see them pin 43.
We are in the type of rangebound set up that favors trading the open reversal and getting out for the rest of the day.
QQQQ Max pain is at 44, but I would not be suprised to see them pin 43.
We are in the type of rangebound set up that favors trading the open reversal and getting out for the rest of the day.
This entry was posted
on Monday, March 12, 2007 at 3/12/2007 09:38:00 AM.
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