The Song Remains The Same

Slow uptrends remain the
theme
of the early morning and week as Q long supports continue to
hold on the key 13- and 60-minute time frames as we once again test recent
highs. One would expect an eventual hard break of the 1390-1420 NQ range at some
point, and I’m currently balancing the potential 60-minute divergence with
current trend supports. Again, our smaller intraday trends should provide clues
as to whether the supports are strong enough to break through what has been
strong resistance.

Wednesday October
24, 2001  12:00 PM EDT

(1)
Approx. Equivalent QQQ Price

Good trading!

Don Miller