Critical Level
- alphatrends
- December 29th, 2008
The QQQQ has dropped down to a critical level of support. It appears the market is trying to stabilize here, but the frequency of the tests of this level have been increasing which makes it more dangerous.
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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Brian Shannon is a full time trader (with 20 years of experience), educator and author of the highly regarded book Technical Analysis Using Multiple... More »
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