Market Analysis for Dec 2nd, 2005
After two hours of trading, the Qs continue to be perched above 42 within a high-level congestion area ahead of another pop to new highs that project next to 42.50/.70. Although we would not be surprised to see some increased volatility as the session wears on, my work argues that weakness should be contained in the 41.85/.70 area prior to the expected next upleg.
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