Closing hour:
The Q's came within 20 cents of major resistance outlined over the weekend, namely July 2007 high and January gap close and sold off pretty hard after rallying on bogus news.
Bulls need NQ (NDX futures) to hold 2031 at the close (61.8% Oct/Jan) or could finally get a sell signal that sticks, now that we are done with op-ex manipulations.
ES did indeed stall at 1441, weekly R1.
The Q's came within 20 cents of major resistance outlined over the weekend, namely July 2007 high and January gap close and sold off pretty hard after rallying on bogus news.
Bulls need NQ (NDX futures) to hold 2031 at the close (61.8% Oct/Jan) or could finally get a sell signal that sticks, now that we are done with op-ex manipulations.
ES did indeed stall at 1441, weekly R1.
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on Monday, May 19, 2008 at 5/19/2008 03:16:00 PM.
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