Morning update:
Equity bid, but NQ is finding resistance at 1972, 61.8% correction of May. If bulls breakout, next level is 1980. Must hold support is still NDX 1952/1954.
Crude dropped to 132.50 support, let's see if they can hold that.
Natural gas inventories at 10:30.
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on Thursday, May 22, 2008 at 5/22/2008 10:19:00 AM.
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