QQQ - Nasdaq 100 Trust Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : QQQ - Nasdaq 100 Trust

QQQ 621.57

-0.3%

Nov 11 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: OX who wrote (389)	11/4/2000 3:09:41 PM
From: Topannuity	Read Replies (1) of 840

Tech Outlook for QQQ-- Daily chart-- Fri closed right on downtrend line drawn from early September peak. On Balance Volume has been very WEAK all through October indicating little positive volume going into this "rally". RSI(14) in dead center, indecisive at 49%. Chart Formation-- incomplete: either double bottom being formed or diamond continuation to new lows. 60 Minute chart-- Past 5 days moving drudgingly in clear upsloping WEDGE pattern. Struggling to make Upward price progress. OBV - no clear indications RSI (14) - mid-range, too. Market is coiling to breakout big one way or the other looking at the hourly bar chart. If down, I think we go for NEW LOWS in the naz this time. Overall, QQQ leaning bearishly as of Fri close.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next