Last day of the month coming and NQ (NDX futures) just made a lower low and lower high on the daily. Add a bearish RSI divergence at highs last week and bulls should proceed with caution. As with ES, we could still see a test of the bottom of the channel. Some important data coming out this week, including jobs, and there could be some more distribution.
This entry was posted
on Monday, October 30, 2006 at 11:20 PM.
