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Re: Little Chico post# 50406

Friday, 05/15/2009 2:49:36 PM

Friday, May 15, 2009 2:49:36 PM

Post# of 79026
LC-The 1368 resistance for NDX equated to 33.70 for the Q's. They were broken this morning along with the 200 day, however it didn't last long enough to turn into support. I expected a bigger move down today, but it may die again at EOD. I was really nervous this morning with the big run up, but just sat tight thinking it would turn. See my chart below where I marked all the support and resistance lines. We seem to be in a down trend, but it sure is slow to develop.
Jon

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