NDX finds resistance at 23.6% projection September and right around 76.4% 2006. MU misses after the close and the semis could be under more pressure. QQQQ call resistance at 42 and minor put support at 41 gave us some stoppage at 41.50. SPX has rather large call resistance at 1350. All in all, we are due for a retest of breakout, i.e DOW 11750, NDX 1665, SPX 1340, NQ 1684, ES 1350. They might shoot for YM 12K first, so mind your step.
This entry was posted
on Thursday, October 05, 2006 at 3:35 PM.
