Wednesday, August 20, 2008

The Three Indexes

DJIA is the weakest link right now as the indexes try to fight off the most recent declines. The SP500 follows in the number two spot on strength with the NQ100 continuing to lead the three with the first level of key support down at the 1853 mark basis the spot futures. Taking a cue from NQ strength can be a nervous venture since solid gains can disappear quickly.