Intraday update 3; NQ finds support at 10 dma and bounces. Remember that sell-offs in an uptrend are usually bought at key support levels, unlike sell-offs in a downtrend. You must always factor in the overall trend. As long as NQ trades above the 20 dma, the trend is up.
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on Tuesday, October 17, 2006 at 10:19 AM.