It is possible that we gap up into resistance per your previous posts on the Q's. Again a partial fill of the gap on Thursday and maybe more next week. Assuming we gap and hold, that would be 3 gaps up in this move. If we do not hold look out below. The charts on the 18 (or so) components in the SOX are pointing in different directions. I own one of them which is scraping the bottom waiting for their option mess to clear up. They should really not wait and Cramer is upset at them. The P&F chart on the SOX shows us at resistance and gaping above it will force me to rebuy my SMH options that I sold on Thursday -first thing on Monday.
News 
Market Data 
Discover 
