Gav’s Morning Coffee 25-Jan-2007

January 25, 2007 – 10:28 pm

I am looking at NQ. Bulls had a nice day. Nasdaq composite bounced from support. I am not going to write too much of market recap. Trader Mike wrote a recap at his blog. From daily chart of Nasdaq Composite, I am staying positive. From 60-min chart, trend turned up and Adjusted TRIN continued ticking up as well, again, I am positive.

Premarket  of NQ is kinda flat, with positive biased. Let’s see if bulls continue its party.

Summary

  • Previous high:  1815.75
  • Previous low: 1793.25

From the desk of Tradergav.com


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