1515 Cash next important stop
#1
Posted 20 June 2007 - 01:52 PM
#2
Posted 20 June 2007 - 01:58 PM
For NYSE need -694 to get MCO below zero, Yahoo says -1106 now
For Naz need -766, have -802 now
Nothing is a given with the current volatility but a weak close (breadth wise) means a drop below zero on the MCO's and increases the likelihood of MCSUMMs falling off of their ledges
Good news would be a positive divergence on breadth versus price if price gets down to the lows or lower.
Good news for whom ?
#3
Posted 20 June 2007 - 02:03 PM
Edited by hiker, 20 June 2007 - 02:04 PM.
#4
Posted 20 June 2007 - 02:05 PM
For NYSE need -694 to get MCO below zero, Yahoo says -1106 now
For Naz need -766, have -802 now
Nothing is a given with the current volatility but a weak close (breadth wise) means a drop below zero on the MCO's and increases the likelihood of MCSUMMs falling off of their ledges
Good news would be a positive divergence on breadth versus price if price gets down to the lows or lower.
Good news for whom ?
OGM, sorry, its a good setup for the Bulls.....just covered some intraday shorts will see how we close, may put them back on before days end........must be Financial issues causing bigger % drop in Spooz vs Dow.
#5
Posted 20 June 2007 - 02:23 PM
#6
Posted 20 June 2007 - 02:36 PM