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Strategies & Market Trends : Ask Vendit Off-Topic Questions

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To: Gush who wrote (3702)1/10/2005 6:09:06 PM
From: Venditâ„¢   of 8752
 
Do you think the QQQQ still in good shape for an uptrend?

Yes. Not the higher low today as compared to Friday. The open white candle is also moderately bullish on the day's session.

The two day candlestick combination is often found on short term bottoms.

The fact that today's trading range lifted off of the lower Bollinger Band is another signal that a new up trend is in place.

139.142.147.218
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