If short, you should be mindful of the VXN resistance here at 10 day ema. COMP found clear support at previously mentioned level (2147). Add NQ 61.8% of the late June rally (1565, see 60 mn chart) and bulls could put up a fight here. ES is clinging on to 5 dma and it is a little suprising it has not dropped to test 1270. But the day is still young.
This entry was posted
on Wednesday, July 05, 2006 at 8:50 AM.
