![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhU0iVaHrioPkAmE7UGHZdgtnRnvaZDmaBFqSUiFlqq-2Lc21ASGI0F52mQIROAjuVoodi4ZIVz4vNaBVThLMGOLMkw7ySreF01Fdtb2fKAilxwsWlngdNndfHH37l7rGO3X9pC1A/s400/060507+qqqq.jpg)
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiMmqVI5mnLd-pNr1GfSb7c8hK9wyVVz2uCqfMo5YZnxFM8W68tddiIvKaa-GOLinwDPjTFtNvsVyZ0AYX2x82qof3HuSWuHWAH8J5a6rilmRdoEtcNpQS_6uVeIci5bUAFGZuYrg/s400/060507+sp.jpg)
Here are hourly charts of the June S&P futures and of the QQQQ's. The chart of the Spiders looks just like the chart of the futures if you divide the futures price by 10. I last commented on these markets
here.
I think the S&P's are on their way to 1519 or so and that during that time the Q's will drop to support around 46.70. The next move up should carry the S&P's to 1555, the Spiders to 155.50 and the Q's to 49.00.
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