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Strategies & Market Trends : Playing the QQQQ with Terry and friends.

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To: rab120 who wrote (429)5/25/2005 4:55:29 PM
From: Gush  Read Replies (1) of 4814
 
Using these charts/timeframes, I don't see the Q's as overbought:

139.142.147.218

This should continue to go down from here until the 5,3,3 turns bullish, and that hasn't happened yet.

We also have a reversal hammer candle today which normally indictes the current trend will reverse.. Meaning the upward short term trend has ended.

GUSH

GUSH
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