Volume was up on the SP500 Index (SPX) and Powershares QQQ Trust (QQQQ). Price was up over 1% but below the high of yesterday. Price needs to take out the recent highs quickly or the oversold condition will work itself off and bulls will be in big trouble.

Charts courtesy of Stockcharts.com
Post Modified: July 15th, 2008 at 11:27 pm
Tags: Accumulation Day · QQQQ · Standard and Poor's 500 (S&P500) · VolumeNo Comments

0 responses so far ↓
There are no comments yet...Kick things off by filling out the form below.