AheadoftheNews Blog

A blog on market moving news and futures trades.

Isn't it interesting that on the plane crash scare, NQ went straight down to the support level I had mentioned yesterday at 1685 and bounced right back up. Same with ES and the 1350 level. Does that make it the pullback we needed? Time will tell, but the lines are drawn.
In other news, T Boone Pickens re-affirms 70 oil by year end. You will have to factor in the price of the December contract, now almost $2 higher than November, which ceases trading next week.
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