U.F.O.
DE/AD Q's (breadth) flatlined, looking for direction.
Ichimoku's break lower into "cloud cover". Major test of support.
CCI's still on a sell.
Anyone who had played MACD's since late July would be a rich man by now.
Major Trendline Support Tested Today
Started by
U.F.O.
, Aug 10 2007 08:26 PM
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#1
U.F.O.
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U.F.O.
Posted 10 August 2007 - 08:26 PM
A close below $47.00 on QQQQ would indicate a 1 1/2 point downdraft in short order. The market is in precarious position. What to do? If already short.....hold. If long looking for a stop-out point or flat desiring to get short.....sell a close below $47.00. (5 charts)
U.F.O.
DE/AD Q's (breadth) flatlined, looking for direction.
Ichimoku's break lower into "cloud cover". Major test of support.
CCI's still on a sell.
Anyone who had played MACD's since late July would be a rich man by now.
U.F.O.
DE/AD Q's (breadth) flatlined, looking for direction.
Ichimoku's break lower into "cloud cover". Major test of support.
CCI's still on a sell.
Anyone who had played MACD's since late July would be a rich man by now.
"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~
