2960
- alphatrends
- January 29th, 2009
is back in play on the QQQQ and failure to hold above that level and the rising 5DMA could prove to be the catalyst of a failure on a bigger level. If the market can push back above 29.95 the morning lows will mark an important higher low. Go slow til we have better clarity.
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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