A late day rally stumbled and pulled NQ/QQQQ below the 20 dma. COMP held on to its 10 day ema, but it's not a pretty picture with higher rates and a serious bid in oil. Bulls are hoping tomorrow's EIA numbers will take some wind out of the oil rally. Going forward, keep an eye on TNX 52.40 level.
This entry was posted
on Wednesday, July 05, 2006 at 2:08 PM.
