(Click charts to enlarge)
QQQQ, Still could try to complete a successful back test of the 50ma.
Potential bearish harami candlestick reversal pattern.
Will need confirmation by a close below the 50ma...
QID, ProShares ultra short.
Potential bullish harami reversal candlestick pattern.
Will need confirmation by a close above the 50ma...
EK, Showed a sign of exhaustion today.
May need a few more days of back and fourth before trying the lower support line unless it pulls together and gets above the neckline...
(Originally blogged on March 1st)
Could there be a date with the neckline around the first week of April?
The S&P 500 O-Strip Index is a subset of the S&P 500 index.
It is the S&P 500 stocks that are listed on NASDAQ, which
amounts to approximately 75 NASDAQ traded stocks.
Arrived a little early........
Could see plenty of resistance or a trend change at the red upper trend line....
Charts and comments are NEVER INTENDED AS ADVICE...
Thanks for visiting...
00K
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EMAIL- hotspotcharting-ook@yahoo.com
Up,down or sideways? Review the charts for any clues that may help you with your own research. Thinking for yourself can be a pleasure and developing and applying strategic stock market research skills could give you the edge...
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