Morning update:
NQ drops to 1913.75, just shy of 1912, monthly pivot. Looks like TNX finds a top for now at 52.25 and stocks hold on. As usual, it's best to not stay married short or long during OpEx. QQQQ 46.50 was a target, no doubt. SPX back above 1500. INTC has been green all morning and that reassured bulls. It's a down day, so bias is short. If NQ gets back above 1922, they will try and close the gap, so don't get greedy.
NQ drops to 1913.75, just shy of 1912, monthly pivot. Looks like TNX finds a top for now at 52.25 and stocks hold on. As usual, it's best to not stay married short or long during OpEx. QQQQ 46.50 was a target, no doubt. SPX back above 1500. INTC has been green all morning and that reassured bulls. It's a down day, so bias is short. If NQ gets back above 1922, they will try and close the gap, so don't get greedy.
This entry was posted
on Tuesday, June 12, 2007 at 6/12/2007 11:24:00 AM.
You can skip to the end and leave a response.
» Post a Comment