Monday, May 07, 2007

 
Trading Ideas & Picks

The QQQQ Report for May 7th - May 11th - Overbought RSI

QQQQ: Friday's move to a new six-year high clearly shows that the bulls are in control, but as you can see from the chart below, many traders will likely pay attention to the overbought RSI reading (69.69) because the indicator is suggesting that the bull run may be getting overextended...

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