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QQQ update


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#1 dadook

dadook

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Posted 08 May 2014 - 10:41 AM

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If this thing can make it past that down red line, then that is step 1 to nullify this bearish pattern. I will go to neutral with a bullish bias if it does. then breaking above that white horizontal line should put the bulls back in business.

However my odds machine does not favor that scenario. But the FEDs can change that right.

/the duke

Edited by dadook, 08 May 2014 - 10:42 AM.


#2 dadook

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Posted 08 May 2014 - 02:15 PM

Can't even get through the new down channel line, so forget I mentioned the red line for now :lol: