Techs woke up late in the session, but SOX still faces stiff resistance between 477 and 480.50 (see previous charts). Watch NQ (NDX futures) 1621 and 38.2% fib projection off June for any sign of a breakout. Monthly R2 is 1618.
YM (DOW futures) sitting right below 10653, 61.8% 2005. Short from 10716, stop stays at 10736 for now.
YM (DOW futures) sitting right below 10653, 61.8% 2005. Short from 10716, stop stays at 10736 for now.
This entry was posted
on Wednesday, July 27, 2005 at 9:47 PM.
