Saturday, September 25, 2010

QQQQ Is Due For A Sell-Off


QQQQ is overextended, the market sentiment is bullish therefore it is reasonable to expect a pullback short-term from the closing price of 49.66.  QQQQ may hit ~47.50 within 3 weeks.
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1 comment:

Coupon Deal said...

QQQQ dropped to 48.59 today, but rebounded sharply. >2% drop in two days - not a bad call so far!

still waiting for the target ~47.50

September 28, 2010 9:00 AM

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