Market Analysis for Sep 28th, 2004
For today's Mid-Day Minute, Mike writes of the QQQs: Increasingly, my work indicates that a meaningful near-term low ended this morning at 34.23, and that the Qs are in the early stages of a recovery rally that should propel them to 34.80-.85, and perhaps a test of 35.20 in the upcoming hours. At this juncture, only a sudden downside pivot reversal and break of 34.23 will wreck the improved condition of my micro technical work.
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