الشعثاني
عضو مميز
After Market Report
The bullish argument presented in this mornings report was bolstered by today’s action. The semiconductor sector broke out, closing above the 440 mark mentioned as a point of reference in the morning report. The QQQQ, while still somewhat vulnerable, repaired a great deal of technical damage today as did the S&P, which appears to be rejecting a double top failure. Short positions as yet still remain viable based on their chart’s technicals, but we are nervous that this may quickly change if the market does indeed rally from current levels
Monday we expect some very nice long set ups