Monday, June 11, 2007

QQQQ Morning Update

Monday, June 11, 2007, 8:40AM EST

Closing prices:
QQQQ 46.91 +0.57 +1.23%
QQQQ bounced back

Intermediate-term outlook (weekly chart): BULLISH
Short-term outlook (daily chart): BEARISH
Very short-term outlook (60-min chart): BULLISH
TODAY'S PRE-MARKET SENTIMENT (BASED ON NASDAQ FUTURES): NEUTRAL
Current QQQQ pre-market price: 46.92 +0.01 +0.02%

Preceding day market actions:
None

Current open positions:
1.Credit Call Spread (Opened on 4/25/07)
Long QQQFX Jun 50 Call
Short QQQFU Jun 47 Call
Credit 0.72
2.Credit Call Spread (Opened on 5/04/07)
Long QQQGX Jul 50 Call
Short QQQGU Jul 47 Call
Credit 1.08
3.Credit Call Spread (Opened on 5/24/07)
Long QQQHX Aug 50 Call
Short QQQHU Aug 47 Call
Credit 0.9693

Alerts: Day Limit Order
Close Credit Call Spread
Buy to Close QQQFU QQQQ Jun 47 Call at 0.22 (AT)

Open the QQQQ main page for today's technical signals, reports and charts:
http://www.optionsmart.com/osmembers/qqq/

The OptionSmart Team
qqq@optionsmart.com
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