Open:
ES closes its gap from last week at 1461.50 and SPX bounced off the 200 dma. QQQQ hit a low of 48.36, 1 one penny above the gap close. This could be it, unless they want NQ to hit 1967. Watch ES 1965.50, weekly pivot. We are getting a -2000 ad line at the open and that can spell reversal, but it we have a weekend ahead of us, so many traders might wait until Monday.
Since NDX did not close the gap, we coud see a flush to Q 48.
ES closes its gap from last week at 1461.50 and SPX bounced off the 200 dma. QQQQ hit a low of 48.36, 1 one penny above the gap close. This could be it, unless they want NQ to hit 1967. Watch ES 1965.50, weekly pivot. We are getting a -2000 ad line at the open and that can spell reversal, but it we have a weekend ahead of us, so many traders might wait until Monday.
Since NDX did not close the gap, we coud see a flush to Q 48.
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on Friday, September 07, 2007 at 9/07/2007 10:07:00 AM.
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