PM update (2):
Oil does it's lunch time drop, the close will tell us more. ES still finding resistance at 1285. NQ made a push to 1914.50, 50% of the week, a hair above QQQQ 47. DELL stalled at 25.75, no breakout there quite yet. We probably saw the highs today, if VXN holds 10 dma support here. If it drops lower, NQ could hit 1919, its gap open equivalent to ES 1285. But I doubt it, at least today.
Oil does it's lunch time drop, the close will tell us more. ES still finding resistance at 1285. NQ made a push to 1914.50, 50% of the week, a hair above QQQQ 47. DELL stalled at 25.75, no breakout there quite yet. We probably saw the highs today, if VXN holds 10 dma support here. If it drops lower, NQ could hit 1919, its gap open equivalent to ES 1285. But I doubt it, at least today.
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