Thursday, April 30, 2009

topping or not?

Today YM9m failed to take out the 8280 resistance level.
ES9m failed to close above 875 for two consective days
NQ9m closed above the 1389 level.

so bullish case, we need YM9m to close above 8280
so bearish case,we need NQ9m to stay below 1389.

a confirmation of bearish case is:
YM to close below 7700
ES to close below 831
NQ to close below 1325

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