Cusick’s Corner 06-04-2012
The market is a tough read — Small Caps, IWM, and Blue Chips, DIA, have both cut and are under long term support which has the Bears gnashing their teeth. There was notable action overnight to the downside and the line is being drawn, monitor the 200-day moving average. One market on my radar that might hold a ray of light is the NASDAQ 100, QQQ, which is trading right at critical support of $59.81. Tech has been a leader and if this can hold, traders might have the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards