Today, we look at QQQQ. Sitting right below descending trendline resistance from December high and 61.8% retrace. We are right at an important crossroad. Sentiment is so overly optimistic, I remain skeptical of any further sustained advances.
click on chart for full size
click on chart for full size
This entry was posted
on Monday, July 11, 2005 at 5:22 PM.
