The open did indeed see some panic selling after all. Gold did not hold the bid but stocks are taking a hit. NQ is trading slightly below its weekly pivot (1579.75). Rates have risen sharply and along with a heavily negative advance/decline line it will be tough sailing for bulls today. Watch QQQQ 38.23 (May low).
This entry was posted
on Wednesday, July 05, 2006 at 7:05 AM.
