Tuesday, March 07, 2006

QQQQ Judgment Day

A short and sweet intraday post here.

It's simple - QQQQ is nearing both a major support trendline as well as a potential break in a head & shoulders formation.

If the QQQQ breaks below 40.50, it's time to party, bears.


While I have your attention, check out the massive H&S on symbol MTH (mentioned weeks ago here).

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