Nasd 100 Futures

We’re not going to honor the ORL daily pattern in the Nasd 100 today.

Given Friday is the Qtr’s end, and we think you could see some residual positive capital flows into early Monday, we’ll wait until tomorrow to determine if this was just another one day wonder.

Those of you who wish to honor the pattern, should not risk more than a NASD 100 Futures close back above 2775.

I’m waiting primarily because the currencies and the Bonds did not give me enough love today. The Aussie, Euro & Canada are holding support and the Bonds did not hold today’s rally very well.

 

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