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Strategies & Market Trends : Playing the QQQQ with Terry and friends.
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From: Walkingshadow5/28/2009 12:48:20 AM
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Here's the weekly chart for QQQQ. This also is a bearish chart, IMHO, and confirms the bearishness I see in the daily chart Note that the current weakening is occurring at resistance from the downsloping 50sma and 50ema, and the index looks like it will fail at that test (note stochastics, for example):

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