QQQ Update

The Q's have been the strongest and that is because of AAPL, thus the reason I posted this early today specifically on AAPL and the Q's

Here's how the Q's looked in to the break

 QQQ 2 min

 QQQ 5 min, notice how quickly the 5 min went negative...

 The QQQ 15 min showed it was already skating on thin ice.


You may recall I updated ORCL yesterday and said the Edwards and McGee Technical analysis doesn't work anymore. ORCL was breaking below the lower trend line, Technical Analysis says it's a short right there and then, I warned that there's almost always a volatility shakeout when important support is broken, ORCL did exactly that today and in the process took out 3 weeks of longs in 1 day.