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PeakTrader.com Economics, Portfolio Optimization, and Technical Analysis
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arthur Guest
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Posted: Sat Feb 19, 2005 8:44 am Post subject: QQQQ Chart |
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QQQQ in Jan retraced roughly 50% of the rally from the 2004 low at 32.07 in Aug to the recent high at 40.33 in Dec, falling to 36.46. The 10 day MA failed to rise above the 20 day MA recently, which may be bearish. However, QQQQ may trade between the uptrend line and the 50 day MA short-term.
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