Replies to post #9907 on DayTrading QQQ Swings (QQQ)

[blasher]

No GOM Signal today . . . but,
our next LT-Pivot area was, for all practical purposes,
Hit!
If not taken out decisively this morning,
I expect some Down to take over and we should
fall back to the previous LT-Pivot area.

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[blasher]

Before Market Opens (BMO) Trading Commentary . . .

* Asian markets finished Down today: Japan=-1.12%, Hong Kong=-1.03%, and China=-0.63%.
* European markets are Mixed so far today: France=-0.02%, Germany=+0.12%, and England=-0.23%.
* U.S. stock futures are Up some as the Down move yesterday is consolidated. See U.S. Stock Index futures prices down the left-side of our Home page and clicking on the "quotes and charts" link for the latest prices. (click link below)
* QQQQ/SPY are currently Trading at 49.51 / 114.33 . . .
* Subscribers, see the Members Tab and use the Charts and Commentary I post each night and weekend for Support / Resistance / Target details. (click link below)
* Overnight, the Range-Bounds have been Sideways: between approximately 1131 - 1142 for the S&P-500 futures .. use these Bounds as possible Targets for Trading today.
* The US-Dollar is Sideways to 79.61 overnight. The Euro is Sideways to 1.3464. See forex prices down the left-side of our Home page. (click link below)
* Gold is Down to 1290. Members, please refer to my Gold Chart and Commentary on how to Trade this precious metal. (click link below)
Gold broke through Resistance at $1260 and is still Holding it to signal a primary advance to $1360. Reversal below $1240 would warn of a correction to primary Support at $1160.
* Copper is Down to 3.5745 now.

... read much, much more, including today's outlook and Charts, at http://www.StocksDoc.com/BMO.php .


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