Good news from GM is sending futures up. YM tagged its 5 DMA at 13516. NQ moved up to R1. We have a slew of economic data coming out this morning: link.
Oil is at 77.40 and approaching record territory. This might be why NQ is slightly lagging. I would get defensive if we stay at these levels or go higher.
Oil is at 77.40 and approaching record territory. This might be why NQ is slightly lagging. I would get defensive if we stay at these levels or go higher.
This entry was posted
on Tuesday, July 31, 2007 at 7/31/2007 08:01:00 AM.
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