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The QQQs are getting hammered and IMHO, are headed lower, possibly sharply lower.....


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#1 Bob-C

Bob-C

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Posted 29 September 2011 - 11:52 AM

Hi everyone, here is the QQQ daily chart:

http://stockcharts.c...8711&r=6948.png

Here is the QQQ daily TL chart depicting the QQQs in a broadening-top formation with critical support at the 54 level.:

http://finviz.com/ch...a=1&p=d&s=l.png

Cheers, :)

Bob-C
Disclaimer: None of my posts are meant to be taken as investment advice or trading advice. Do your own due diligence and consult your financial advisor before making any trades or investments.