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TOPPISH, on a ST basis - looking to short QQQ & FAS


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#1 dTraderB

dTraderB

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Posted 11 October 2011 - 10:49 AM

Momentum on hourly and 4-h looks toppish, at least on a ST basis. Am looking to short QQQ around here, 56.4 and FAS near the highs today or better, 12.2 I want to see a test of the highs today - will it stall with lower volume or zoom ahead? SPY 120.50 is also ST resistance JPM earnings very important.