Monday, January 22, 2007
Trading Ideas & Picks
Trading Picks - Read More
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...