Morning update:
We get a test of overnight highs for NQ, but yesterday's high is still resistance. ES made a new high but has since fallen below yesterday's at 1465.50. SMH (semis) found resistance at its 50 dma, just under 38.25. This may be all bulls get with AAPL turning negative but internals are quite bullish, so they still have the edge. Watch NQ 1977 on any pullback.
The morning gaps have not yet been closed (NQ 1968.25 and ES 1455.25).
We get a test of overnight highs for NQ, but yesterday's high is still resistance. ES made a new high but has since fallen below yesterday's at 1465.50. SMH (semis) found resistance at its 50 dma, just under 38.25. This may be all bulls get with AAPL turning negative but internals are quite bullish, so they still have the edge. Watch NQ 1977 on any pullback.
The morning gaps have not yet been closed (NQ 1968.25 and ES 1455.25).
This entry was posted
on Tuesday, September 11, 2007 at 9/11/2007 11:02:00 AM.
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