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Strategies & Market Trends : Playing the QQQQ with Terry and friends.
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To: J.K. who wrote (482)5/31/2005 11:53:43 PM
From: J.K.  Read Replies (1) of 4814
 
...indications, but no confirmations of a top on the dailies - candle is a spinner:
139.142.147.218

check out the declining volume trend setup since the run from 36:
139.142.147.218
...until we get a red stick with high volume that breaks this declining volume trend, the Qs are biased up.

Near-term support is to 37.85 to fill that closed gap from last Thursday. Near-term price/volume support there also:
stockcharts.com[h,a]daclyyay[da][pi!b4!f][vc60][iUp5,3,3!Up15,5,5]&pref=G
(BigCharts shows it clearly as well on the intraday [10-day] - sorry, can't link)

J.K.
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