Here is a look at the big picture of the Qs, which shows the Qs dangling above important support at 39.60/50 -- the area that should contain current weakness at least for a near-term recovery.
MJP 8/18/05

Mike Paulenoff is a 25-year veteran of the financial markets and author of MPTrader.com, a real-time diary of his E-mini S&P and QQQQ technical analysis and trading alerts. For more of Mike Paulenoff, sign up for a FREE 30-Day Trial to his E-Mini/Index Futures diary, or try his QQQ Trading Diary.