Noon update:
NQ gets 20 DMA back after an NDX test of Jan 2006 highs (1761.46). Bulls are still holding the fort for now, but keep your alarms set at QQQQ 43.31 and NDX 1761.50, just in case. We are seeing some end of quarter volatility, trade it, don't love it.
Gold spikes up to a higher high (673.90), it will be important to hold 670 going forward (June contract). If it does, gold bulls win a key test after yesterday's scare.
NQ gets 20 DMA back after an NDX test of Jan 2006 highs (1761.46). Bulls are still holding the fort for now, but keep your alarms set at QQQQ 43.31 and NDX 1761.50, just in case. We are seeing some end of quarter volatility, trade it, don't love it.
Gold spikes up to a higher high (673.90), it will be important to hold 670 going forward (June contract). If it does, gold bulls win a key test after yesterday's scare.
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on Friday, March 30, 2007 at 3/30/2007 12:01:00 PM.
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