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Strategies & Market Trends : Playing the QQQQ with Terry and friends. -- Ignore unavailable to you. Want to Upgrade?


To: J.K. who wrote (392)5/24/2005 2:59:10 PM
From: Walkingshadow  Read Replies (2) | Respond to of 4814
 
Hi JK,

Re ascending triangle.... looks like that's not gonna work out. QQQQ is trading right now at $37.81, which I believe is below that slightly upsloping trendline support level. In retrospect, I think that support is probably just the 40 ema, which is being tested as I write this and is looking shaky:

139.142.147.22

Volumes better today than yesterday.

This one's gonna make a break any minute now:

139.142.147.22

Note the contracted BBs...

T