Those who know do not speak, those who speak do not know
Wednesday, July 27, 2011
When Willing Seller Meets NO Buyers: Whoosh (SPY; NDX; AAPL)
Rather than the SPY this is actually the E-mini future chart, you get the point.
The S&P is down 1.4% at 1313, the Nasdaq 100 is down 2% with Apple and Google each off over ten bucks. $57 and change is the Maginot Line for the QQQ.
Wait, the Maginot didn't provide any resistance whatsoever...
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