Tuesday, January 16, 2007

S&P's. Spiders, and QQQQ's




Here are hourly charts of the March S&P futures, the Spiders, and the QQQQ's. I last commented on these markets here.

As you can see on these charts the market has reacted to support. I think the support levels I have drawn will hold and that an upside breakout which will carry to the indicated targets is imminent.

1 comment:

Anonymous said...

Carl,
Could you update your projection on OIH? Thanks for the great work.