Wednesday, January 6, 2010

Watching NQ

We are tracking a possible long setup on the NQ.  The internals are slightly positive but not showing a whole lot of strenght.  Plus with 3 of the 4 horsemen negative on the session and GOOG taking it on the chin we don't want to force a long play.  So keep an eye on your 5m chart but we probably are still going to stay on the sidelines.