AI
Monday, July 28, 2008 3:22:18 PM
NDX/QQQQ - I don't believe in triple bottoms.
This is a rising pendant and that is not a bullish pattern, its just consolidation and most often a continuation pattern of the existing trend. That third test will most likely break, unless something major happens in the next few hours (tomorrow Am included).
This is a rising pendant and that is not a bullish pattern, its just consolidation and most often a continuation pattern of the existing trend. That third test will most likely break, unless something major happens in the next few hours (tomorrow Am included).
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