Monday, November 19, 2012

QQQ Move

I know you've seen this divergence, but one more time...

 This is the signal seen in a number  of places and assets, this is the cycle and like I said at the start of the year, each one would be more intense and more unpredictable until Wall St. loses control.

However...

Did you realize that the QQQ has pretty much taken back about 33% of the move down from October 18 and in the process has retraced nearly 33% of over 4 weeks of trade in 1 day?

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