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Strategies & Market Trends : Ask Vendit Off-Topic Questions -- Ignore unavailable to you. Want to Upgrade?


To: Walkingshadow who wrote (3531)1/5/2005 6:48:04 AM
From: Vendit™  Read Replies (2) | Respond to of 8752
 
Terry,

Based on this short term chart of the QQQQ, I believe that we are in for another open to the downside and perhaps another full day of selling across the board.

139.142.147.218

Short term stochastic is heading down.

Williams’s %R is heading down.

Yesterday’s candlestick is bearish engulfing.

Rising volume in a sell-off market adds validity to the bearish mood.

Reid