The Yen is once again trying to spoil the party. JPY/USD June now back above 0.008504, 20 DMA.
Watch the leader, tech and NQ. Support is 1859.50.
Update: JPY pulls back a bit and NQ moves above R1 at 1868.25. Initial target above 1871.25 is still 1878.25, confluence weekly R1 and 23.6% projection March. Secondary target is 1393/1394, weekly R2 and 38.2% projection March.
On another note, while shopping for a new system, I found out that Qcharts does not support Vista. Lots of negative comments out there on that OS and I will not load that dog on my computer. I know I'm not the only one and I am starting to worry that MSFT will disappoint on Thursday.
Watch the leader, tech and NQ. Support is 1859.50.
Update: JPY pulls back a bit and NQ moves above R1 at 1868.25. Initial target above 1871.25 is still 1878.25, confluence weekly R1 and 23.6% projection March. Secondary target is 1393/1394, weekly R2 and 38.2% projection March.
On another note, while shopping for a new system, I found out that Qcharts does not support Vista. Lots of negative comments out there on that OS and I will not load that dog on my computer. I know I'm not the only one and I am starting to worry that MSFT will disappoint on Thursday.
This entry was posted
on Monday, April 23, 2007 at 4/23/2007 09:40:00 PM.
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