PM update (2):
We hit NQ weekly S3 (1789), I expect some kind of bump here, good for a scalp long. The Q's were only at 75% volume. Longs are scalps only please, but a trade up to 1803.75 is feasible. Any long trade should be quick and with very tight stops. This is a very bearish day, but a little overdone on the 60mn.
COMP 2284 will also be important to hold at the close.
The July lows are almost a ceratinty at this point, the question is when.
We hit NQ weekly S3 (1789), I expect some kind of bump here, good for a scalp long. The Q's were only at 75% volume. Longs are scalps only please, but a trade up to 1803.75 is feasible. Any long trade should be quick and with very tight stops. This is a very bearish day, but a little overdone on the 60mn.
COMP 2284 will also be important to hold at the close.
The July lows are almost a ceratinty at this point, the question is when.
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on Thursday, September 04, 2008 at 9/04/2008 01:44:00 PM.
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