Update: no fireworks from either (TXN and AXP down), YM is stuck below 14012, July 13th high. I am quoting YM since I know many of you trade it. I think it is a swing short from last week's highs (14097) with a possible target of 13826, followed by 13756 and 13706 if 13826 does not hold. Resistance is 14012, 14038 and 14059. As for NQ, it is looking weak every since NDX hit 61.8% projection 2006 at 2057.50 and fell from there (see last week's chart). They are holding QQQQ 50, probably in anticipation of great AAPL numbers on Wednesday. Right now, NQ is down after hours.
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on Monday, July 23, 2007 at 7/23/2007 05:09:00 PM.
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