QM (light sweet crude e-mini futures)entry point alert
Long QM August contract (05Q) 58.80, stop 58.675. 50% fib projection from May high /low is 58.80 and taking the long there. Resistance is 61.8% at 59.58. 60 was hit earlier, but that is more psychological. A move back above 59.58 gives us target of 60.52.
This entry was posted
on Monday, June 20, 2005 at 8:15 AM.
