Market Analysis for Mar 7th, 2005
For today's Mid-Day Minute, Mike writes: The Qs are starting to act like they are at or near exhaustion for the upmove that began at last Thursday's pivot upside reversal from 37.02 into today's high at 38.29. A sustained break below 38 should trigger additional weakness into the 37.90-.80 area, which represents the extension of the resistance trendline that the Qs thrust above earlier today.
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