scary close for the bulls. A 5-8 point gap down leaves us
in the Abyss zone -- next pivot down is 1315. Maybe action in
the last two hours in the qqq is telling too -- seems to have
broken a HS neckline. The daily MACD on qqq looks awful.
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scary close for the bulls.
Two bullish looking charts....
Posted by kalinm on 4th of May 2012 at 04:01 pm
scary close for the bulls. A 5-8 point gap down leaves us in the Abyss zone -- next pivot down is 1315. Maybe action in the last two hours in the qqq is telling too -- seems to have broken a HS neckline. The daily MACD on qqq looks awful.