Friday, January 22, 2010

QQQQ: Potential Topping Out Situation

updated chart from a few days ago. The bears are really making their point now!! They need to be respected. I would look for strong support around that $43 area on the QQQQ. I expect bounces along the way to $43 to be short lived. Stair steps up and evelators down kind of action.

No comments:

Blog Archive