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SPX and QQQ are deteriorating and IMVHO, are headed lower......


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#1 Bob-C

Bob-C

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Posted 02 August 2012 - 11:01 PM

Hi everyone, here is the deteriorating QQQ daily chart:

http://stockcharts.c...43965828600.png

Here is the deteriorating QQQ weekly chart:

http://stockcharts.c...43966099484.png

Here is the deteriorating SPX daily chart:

http://stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=0&mn=2&dy=0&i=p42015336157&r=1343965828600.png

Here is the deteriorating SPX weekly chart:

http://stockcharts.com/c-sc/sc?s=$SPX&p=W&yr=0&mn=6&dy=0&i=p42020424718&r=1343966099484.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.