Comments on AheadoftheNews.com: Morning update (2); NQ 200 weekly MA right here a...

Should read support above the 50 month, which is a...

2008-09-05T12:04:00.000-04:00

Should read support above the 50 month, which is a little lower at 1732. But it looks like they are front-running.

Thanks Deke. No, I use the continuous contract (ad...

2008-09-05T11:49:00.000-04:00

Thanks Deke. No, I use the continuous contract (adjusted for all strike prior)when going longer term with NQ. On Esignal, the symbol is NQ #F, same for Qcharts 6.0. On 5.1, its NQ Q. This enables you to trade NQ after hours knowing longer term MA's. I like the futures because they include gaps and pivots that are used by hedge funds.
In fact we are also finding support at the 50 month MA.

QQQQ 200 week MA down at 42.63, which is also abou...

2008-09-05T11:40:00.000-04:00

QQQQ 200 week MA down at 42.63, which is also about a .786 of 41.02-48.57

when you give your longer range MA's on the futures, they are often quite a ways from the numbers on the cash, due to the futures contracts only really trading during their 3 month span(and we roll to december futures next thursday!)

of course, the test is if the market respects your numbers on the futures, or not