NQ broke above 1555 on thin volume , but neverthless reversed overnight. This could now indicate a higher open for YM this evening. (Globex is open, but ECBOT is closed). If that is the case, it might be wise to exit the short. If however NQ settles below 1555 and ES below 1200, I might hold over. Right now looks like a stop run push in the morning which could take us to 10603. Keep tight stops.
This entry was posted
on Monday, May 30, 2005 at 6:53 AM.
