Replies to post #9965 on DayTrading QQQ Swings (QQQ)

[blasher]

Yes GOM Signal to trade, BUT . . .
I do not like Trading options so close to Expiration.
Plus, there is a very Bullish mood around today . . .
and this GOM Signal would have us placing a ST Bear Trade.
I will pass on the Signal today.

[blasher]

Before Market Opens (BMO) Trading Commentary . . .

* October Curse vs. Objective Analysis: The Choice Is Yours (click link below)
* Asian markets finished Up today: China=+1.58%, Hong Kong=+1.25%, and Japan=+0.43%.
* European markets are Down so far today: England=-0.32%, Germany=-0.14%, and France=-0.19%.
* U.S. stock futures are Down some right now .. with the Nasdaq Down Big. EMC released Earnings that were "in-line" with expectations. Also this morning, China raised interest rates on inflation concerns.
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)

Overnight . . .
* QQQQ/SPY are currently Trading at 50.85 / 117.55 . . .
* 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)
* the S&P-500 futures Range-Bounds have been Down: between approximately 1169 - 1179 ... use these Bounds as possible Targets for Trading today.
* the US-Dollar is Up to 77.87 now. the Euro is Down to 1.3862 now. See forex prices down the left-side of our Home page. (click link below)
* Gold is Down to 1358 now. Members, please refer to my Gold Chart and Commentary on how to Trade this precious metal. (click link below)
Our "far away" Target ($1360) was Hit and then pulled back. The $1360 level was once again retaken and should now act as Support . . which is currently being tested/broken this morning.
* Copper is Up to 3.850 now.
Copper prices and their Trend represent economic health around the World.

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



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