AI
Monday, October 04, 2010 12:25:46 AM
A bearish view:
The Qs created a recognizable pattern that could easily be interpreted as a SELL signal.
Interestingly, SPX was left behind the Q moves and did not generate such a pattern. However, the timing discrepancy between these 2 indices is not new and might be interpreted as an enforcement of the SELL QQQQ signal.
The Qs created a recognizable pattern that could easily be interpreted as a SELL signal.
Interestingly, SPX was left behind the Q moves and did not generate such a pattern. However, the timing discrepancy between these 2 indices is not new and might be interpreted as an enforcement of the SELL QQQQ signal.
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