Any rally will now hinge on the ability of QQQQ to hold Friday's lows at 38.75. For NQ, the number is 1581.25. SPX cannot afford to fool around with that trendline support from March 2003 lows (see last post). 1250/1255 must hold.
This entry was posted
on Monday, May 22, 2006 at 7:07 PM.