Intraday update: nice turnaround as bulls hold on to NQ 1560 and ES 1250. Financials are lower as is the SOX, so this rally could find resistance soon. Nevertheless, more evidence a medium term bottom is in. COMP is back above the 10 day ema and now needs to break down the 20 dma wall at 2144. The bulls need to close the week above QQQQ 38.23.
This entry was posted
on Friday, June 23, 2006 at 11:04 AM.
