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Strategies & Market Trends : Playing the QQQQ with Terry and friends.
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To: Gush who wrote (242)5/19/2005 2:48:18 PM
From: Walkingshadow  Read Replies (2) of 4814
 
QQQQ is now faltering at moving average support. Looks to me like it might fail here, but that has not been confirmed quite yet:

139.142.147.22

QQQQ is now printing $37.34, and $37.30 is now the critical support level intraday. A break below that will take QQQQ down IMHO.

I think this is likely going into the close. QQQQ looks to be weakening considerably from a technical standpoint now.

T
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