***QQQQ daily: SHORTS TRIGGERED at 35.61... big-time bearish divergences on chart, especially the volume... pure speculation but looks like it could sink into the close... may still go a smidgen higher though... but volume off of the bounce is not exactly comforting to the bulls...
GM FA, I'm sure you are aware that the European Constitution is scheduled for vote on Sunday May 29th. There is certain feeling in the press that the Constitution will be voted down. If that happens, what would be the effect on the Euro? Would a decrease in the Euro cause an increase in the USD? Wouldn't that have a negative effect on the price of gold?
BTW I use either USPIX or UOPIX to take positions with the help of a 60 min Q's chart and NASDAQ Advance/Decline info. My current position is 100% USPIX.
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