U.F.O.
DE/AD Q's stutter on today's pullback, Binaries on a sell already.
Ichimoku still below major support on 3 of 4 spans.
QQQQ's Caught Between Trendlines
Started by
U.F.O.
, Aug 23 2007 07:59 PM
2 replies to this topic
#1
U.F.O.
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U.F.O.
Posted 23 August 2007 - 07:59 PM
It stopped going up today right where it should have, when it hit the downtrend line off the rally highs. A break of either of these lines (purple or black) on a closing basis will tip the market's hand for the next IT swing move. (3 charts)
U.F.O.
DE/AD Q's stutter on today's pullback, Binaries on a sell already.
Ichimoku still below major support on 3 of 4 spans.
U.F.O.
DE/AD Q's stutter on today's pullback, Binaries on a sell already.
Ichimoku still below major support on 3 of 4 spans.
"Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting the vote!"
~Benjamin Franklin~
~Benjamin Franklin~
#2
thespookyone
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Posted 23 August 2007 - 11:28 PM
I doubt MRVL reporting five times the expected loss today(EPS) will do much to help the Q's in the morning.
#3
U.F.O.
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U.F.O.
Posted 24 August 2007 - 12:14 AM
Personally, I agree and look for lower prices.
U.F.O.
"Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting the vote!"
~Benjamin Franklin~
~Benjamin Franklin~
