The QQQQ rode the 2:1 descending Gann Angle down and bounced at the 1:1 ascending angle using the March to June range square. Price is now at the 50% retrace line and in a strong position to follow the 1:1 ascending angle up.
QQQQ In A Strong Position
July 8th, 2008 7 Comments
Tags: Gann Angle Fan · QQQQ · Slope · Square of Range · Volume
OT: Strickly for NASCAR fans
July 8th, 2008 No Comments
Excellent “interview” between Dale Earnhardt Jr and Rick Hendrick. In the internet world, we are all just some guy/gal typing away and hoping someone reads it
Tags: About
Nothing to Say Tonight
July 8th, 2008 No Comments
High volume outside day that finishes flat for the COMPQ. The same for the NDX but it finished up about half a percent. The SPX was the same and finished down 0.8 percent.
Tags: Market Cycles · Market Internals · Nasdaq Charts · Russell 2000 Smallcaps · Standard and Poor's 500 (SP500) · Volume