ajtj99's Market Pulse

[plexxus]

Hi Burk

We've got some pretty strong supports not far below current levels namely 1680 on the NDX, $41-41.25 on the QQQQ's including heavy open put interest at the $41 strike which should provide support on dips. The SPX/Wilshire look like they are forming bull flag patterns and were not affected much today. The Energy sector looks like its heading for another leg higher if you study some of the 60 minute charts on Page 3 below. Something for everyone bull or bear....seems like that inverse relationship between the semis and oil is holding true to form here lately.

http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID897936&cmd=show[s61613413]&disp=...