Morning update:
I guess JP was right about astrology...:) NQ drops key support at 1940.50 and is now trading in the 22nd gap (1919.50/1932.75). ES has done the same. August 22nd gap close is at 1450.25. Keep in mind that ES has now two unfilled gaps above, so mind your step.
NDX and QQQ are trading below their respective 20 dma's (1926.77 and 47.40). SPX is struggling to hold 1450. NQ S3 is at 1921.50, gap close 1919.50, 10 dma 1917, you get the picture.
Remember that we have the Fed minutes at 2 PM.
I guess JP was right about astrology...:) NQ drops key support at 1940.50 and is now trading in the 22nd gap (1919.50/1932.75). ES has done the same. August 22nd gap close is at 1450.25. Keep in mind that ES has now two unfilled gaps above, so mind your step.
NDX and QQQ are trading below their respective 20 dma's (1926.77 and 47.40). SPX is struggling to hold 1450. NQ S3 is at 1921.50, gap close 1919.50, 10 dma 1917, you get the picture.
Remember that we have the Fed minutes at 2 PM.
This entry was posted
on Tuesday, August 28, 2007 at 8/28/2007 11:15:00 AM.
You can skip to the end and leave a response.
» Post a Comment