Pre-open:
Sept. 22 (Bloomberg) -- The Bush administration widened the scope of its $700 billion plan to avert a financial meltdown by including assets other than mortgage-related securities.
NQ/ES holds their lows and in the case of NQ see some green. NQ support is 1729, ES 1238.75. The July low for NQ/NDX/QQQQ is still the prize to try and keep at the close. Bonds drop pushing TNX to 3.88%. Oil and gold have a bid of course. CL is at its 20 dma (106.05), with very strong reistance above at 109. Gold support is at its 50 dma (863.50). No economic data today.
This entry was posted
on Monday, September 22, 2008 at 9/22/2008 08:40:00 AM.
You can skip to the end and leave a response.
» Post a Comment