Monday, January 22, 2007

 
Trading Ideas & Picks

The QQQQ Report for January 22th - January 19th, 2007

QQQQ: The QQQQ was approching the resistance of its medium-term trendline. As you can see from the chart below, the bulls were unable to send the QQQQ above the resistance, which has caused a brief pullback toward the 15-day moving average. The next price target will be near the 100-day moving average if we see the bears send the QQQQ below the $44 support...

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