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Guestimate for monday


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#11 qqqqtrdr

qqqqtrdr

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Posted 06 January 2007 - 10:38 AM

My charts show a greater probability of a slide. This is due to my Trend indicators for NASDAQ are all negative and short term indicators are primarily Neutral. My divergence indicators of Chaiklen MF and Ultimate Oscillator readings for QQQQ show positive divergence ( which in itself lowers the probability of a the slide from 75% to 60% ). $VXO also broke above the 100-day MA for 3-days straight and has been unable to break below it. This signals an increase in volatility, which usually means down. Barry