The QQQ seems to have a bit of a tracking error with the NDX index. QQQ tagged the upper channel line today, but it appears the NDX hasn't made it quite yet (log scale on both charts). I guess we'll find out over the next few weeks or months if any of the channel or trend line resistance points are important. With the recent extremes in sentiment, I suspect the channels may mark at least a decent pullback if not a major top.
Kimston
QQQ tracking error with NDX?
Started by
Kimston
, Feb 15 2012 11:43 PM
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