around 5pm were spot on in regards to euro & crude strength. Euro has continued higher pushing crude over the 100 level for the first time in weeks. The NDX has been testing the 2340 level this afternoon as volumes declined. 2415.5 is resistance in the NQ_F, though one can argue the current formation is a bull wedge or descending triangle....
1345 in the ES has been the upper line in the sane, if we penetrate this level to the upside we could see 1355 easily. This entire market is driven by headlines which dictate the future, we need to live in the present because the present is what we are living.
Posted in: Market,Nasdaq,SPOOZ