NQ (NDX future) closes right below yesterday's open. YM holds on to 12472, 50% 2007, but everyone is looking tired. NDX still has 50 DMA support at 1785, but if bulls don't get it together soon, we could have seen the highs on the Fed rally. Bulls need some good news. Either a price drop in oil, or a weaker Yen. But higher oil and higher Yen was just too much today.
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on Tuesday, March 27, 2007 at 3/27/2007 04:16:00 PM.
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