Morning update (2):
NDX dropped into the gap down to 1888, but has since recovered moving up to 1902. The fact that TNX held 4.1% could be an indication we have put in a low for now. Equity ISE has jumped to to 169, that might be optimistic ahead of major data tomorrow. Watch NQ 1919.25 on any bounce. We are very oversold and due for a squeeze.
NDX dropped into the gap down to 1888, but has since recovered moving up to 1902. The fact that TNX held 4.1% could be an indication we have put in a low for now. Equity ISE has jumped to to 169, that might be optimistic ahead of major data tomorrow. Watch NQ 1919.25 on any bounce. We are very oversold and due for a squeeze.
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on Tuesday, June 24, 2008 at 6/24/2008 11:09:00 AM.
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