Closing hour:
Bulls are undaunted by 69+ oil and mount a rally in the closing hour. ES Friday gap close seems to have triggered a round of buying interest, although you can feel the tension. Some Yen buying indicates risk aversion and hedging.
If NDX/QQQQ do not make new highs today, we will have the first lower high and lower low in five days. Watch NQ 1969.50 overnight high resistance in the closing hour.
Bulls are undaunted by 69+ oil and mount a rally in the closing hour. ES Friday gap close seems to have triggered a round of buying interest, although you can feel the tension. Some Yen buying indicates risk aversion and hedging.
If NDX/QQQQ do not make new highs today, we will have the first lower high and lower low in five days. Watch NQ 1969.50 overnight high resistance in the closing hour.
This entry was posted
on Tuesday, June 19, 2007 at 6/19/2007 03:22:00 PM.
You can skip to the end and leave a response.
» Post a Comment