DayTrading QQQ Swings (QQQ): Hi everyone, the QQQQs closed with a bea...

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DayTrading QQQ Swings (QQQ)

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Saturday, 03/13/2010 4:32:51 AM

Saturday, March 13, 2010 4:32:51 AM

Hi everyone, the QQQQs closed with a bearish hanging-man candlestick formation on the QQQQ daily chart which needs to be confirmed by a bearish candlestick, e.g., a bearish engulfing body. Here is the QQQQ daily chart. The Fast STO has crossed below its signal line and the Full STO and StochRSI are very overbought.

Have a great weekend everyone. smile

smile

Bob-C

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