Monday, February 27, 2012

10 year look at the QQQ's

This post references "The Q's" post from last week.  self explanatory.

. QQQ's ... notice volumes today have seen so far this month are equal to november of 2000. 
Something will give. Either a negative catalyst will provide the volume surge.. OR a spark from the federal reserve and or central banks will ignite upside.
Monthly 5 year horizon QQQ.. this pattern prior to break out over 60 was extremely bullish. now question is continue or  retest 61-60 area..