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Strategies & Market Trends : QQQ- Pure TA Discussion only

QQQ 635.77

+0.5%

Oct 29 4:00 PM EDT

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To: Topannuity who started this subject	12/27/2000 1:40:49 PM
From: Topannuity	of 95

At the futures hard break of 2480 (15 minutes ago) my 3 min. Adv/Dcl Volume indicator began a TRENDING down move. (ADX increasing as down volume momentum increases). We're also moving down to the 45 min. upchannel support line which is in neighborhood of 2440 on futures. We have been nearly 17 hours in range bound movement since the gap up last Friday. The NQs havent stood range bound for too much longer before. We're DUE to begin some trending move within a few hours or sooner. When we do "breakout" I'd follow for a large move. (My 45 min chart ADX have been below +and_DI for nearly a day and a half, that too says we'll be soon starting a TRENDING move worthy of following). I dont know yet which way it'll go, but it WILL be worth jumping aboard that train when she leaves the station.

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