SPDR S&P 500 (SPY): QQQQs need to get past 45.65 5min 50dma...

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Re: GLENO34 post# 54009

Friday, 06/27/2008 11:51:52 AM

Friday, June 27, 2008 11:51:52 AM

QQQQs need to get past 45.65 5min 50dma now. That line has repelled the past 4 rally attempts. (edit - If we don't get past the 45.65 it looks like a bearish flag forming on the 5min.) I guess we will find out soon.

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