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Re: Footquarters post# 34301

Thursday, 12/13/2012 6:06:08 AM

Thursday, December 13, 2012 6:06:08 AM

Post# of 34760
The Inverse H&S on the QQQ's

I see the possible pattern, but the volume confirmation isn't there...
Light volume rises and heavier volume drops - Yes, we got some solid volume for a few days in mid Nov., but that dried up - due to Thanksgiving - expected - but the last 2 weeks of activity has seen no buyers coming in...

A 60+ mill shares traded day or 2 - to the upside - rising out of the last shoulder - in the last 10 days would have been nice, but it didn't happen.

Futures just barely red here, just slightly and Gold down 21... DAX only down 30 pts - I expected it worse...
Man, the powers that be will do everything they can to keep it propped - we gotta let it unfold.

I still keep hearing the GS year end 1250 call whispering in the wind.

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