FinancialAdvisor's College Class (FACC)

[FinancialAdvisor]

***QQQQ (intraday): just backed off of trendline resistance here from the 11 am and 1 pm intraday highs... bearish candlestick has been put in place now... bears attempting to create further fireworks, and they have an hour and a half to do so...

Trendline resistance will it hold or fold...

candlestick close below 38.59 and shorts & bears get triggered again via the intraday... currently 38.58 rtq... get ready boys & girls...

EDIT: at 2:30 pm: take note of the just developed bearish engulfing candlestick confirmed with volume and a close below 38.59!...

EDIT: at 2:34 pm: There are some really humongous bids on the Q's at 38.57 and below... currently 38.58x38.59... but yet I see no evidence that these "bidders" are biting on the line here...