Market Comment 04/17/07 - Intra-Day Update #2

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TradeStalker's
R.B.I. Trader's Update
04 / 17 / 2007
Intraday Update # 2
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Dateline: 1:34 eastern time, es7m= 1477.5 nq7m= 1845

The 1481.50-1482.75 resistance area on the SP futures and the 1850.50-1852.50 resistance area on the Nasdaq futures flunked the test.

However, thus far the SP has made its "normal pullback of 6.25-7.25 points. The 1475.50-1475.00 area should be a key support area. If that's broken by much, the upside rhythm will be broken.

Good Trading,
Mike