The DOW is fast approaching key areas of 2001 resistance. Right now, if it manages to hold above 11035, upside potential is 11196, June 2001 high. I don't think we will get there this week, but one never knows. Start nibbling at shorts, but keep a tight leash, just in case. I am still looking at weekly R1 for YM at 11101. By the way, weekly R1 for QQQQ is around 43.50.
This entry was posted
on Wednesday, January 11, 2006 at 4:07 PM.
