Wednesday, January 6, 2010

01.06.10 - NASDAQ 100 Dives to 5-DMA

Not a lot to work with save the QQQQ's dive to their 5-dma/ S1, which is holding at this time.  The SPY is essentially flat with the VIX breaking into the 18 handle.  There have been some tradeable oscillations there, but I have mostly stayed away.  Internals do look nicely supportive, and at this time I'm looking for a higher close.

Never Investment Advice

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