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Same SMA rule applies to QQQ

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bbgold Member Level  Wednesday, 05/07/03 03:34:34 PM
Re: TREND1 post# 53
Post # of 69 
Same SMA rule applies to QQQ
If the QQQ loses support at the SMAs and they turn Negative and offering Resistance then I will become Bearish. Until then I would only be looking for short term corrections to retest Support at the SMAs. Would that classify as a Long Term timer even if most of the moves have not lasted more than a month or two in the past? :^)


Good Luck to All! :^)

PLAN the TRADE and TRADE the PLAN!


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