Noon update:
The selling has accelerated, last weeks gaps are closed and we are not even catching our breath. Fear is coming back. NQ weekly S1 is at 1886. This is not a day to be long.
Watch SPX 1269, 38.2%.
50 DMA's are in sight for NDX/QQQQ (1876.50 and 46.15)
The selling has accelerated, last weeks gaps are closed and we are not even catching our breath. Fear is coming back. NQ weekly S1 is at 1886. This is not a day to be long.
Watch SPX 1269, 38.2%.
50 DMA's are in sight for NDX/QQQQ (1876.50 and 46.15)
This entry was posted
on Monday, August 25, 2008 at 8/25/2008 12:03:00 PM.
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