Closing prices:
QQQQ 49.18 -0.50 -1.01%
QQQQ plunged on technical correction
BULLISH FACTORS: positive comments on MOT
BEARISH FACTORS: QQQQ looks overbought
Intermediate-term outlook (weekly chart): BEARISH
Short-term outlook (daily chart): BULLISH
Very short-term outlook (60-min chart): BEARISH
TODAY'S PRE-MARKET SENTIMENT (BASED ON NASDAQ FUTURES): SLIGHTLY BEARISH
Current QQQQ Pre-market Price: 49.13 -0.05 -0.10%
Preceding day market actions:
ROLLED OVER CREDIT CALL SPREAD
Bought to Close QQQIU Sep 47 Call at 2.86
Sold to Close QQQIX Sep 50 Call at 0.74
Bought to Open QQQJZ Oct 52 Call at 0.61
Sold to Open QQQJW Oct 49 Call at 2.10
Current open positions:
1. Credit Call Spread (opened on 5/04/07, rolled on 7/12/07 and 9/5/07)
Long QQQJX Oct 52 Call
Short QQQJW Oct 49 Call
Net Credit 0.20
Alerts:
None
No comments:
Post a Comment