Yes, I was just in the process of unloading all the traders as the sox printed a new LOD and it was clear that the Naz 1240 will follow, it did. See my edited post for the gory details.
ajtj99: Good observation on the SOX falling wedge. It has pentrated the falling resistance. I suspect we'll see a test for support before the follow through.
Once that test is completed as the NAZ Indices have for the most part completed the retrace of their respective rising wedges and are poised to move up...
QQQ <----- Back in at 20.05 just above the 76.4% retrace point (22.045) of Wednesday's rally and 20.10.
EDIT: Let the rally begin, looks like the resistance line test of the SOX falling wedge, ain't going to happen....gg
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