Friday, April 16, 2010

QQQQ Daily

The low so far today on the QQQQ was 49.20, just three ticks above the Daily Trend Model's reversal number:

QQQQ Daily Trend Model


Obviously, today's low and the trend reversal stop remain key levels going forward.  The up trend from mid-February appears to be in jeopardy, but as Yogi suggested, "It ain't over 'til its over."

3 comments:

Anonymous said...

check out APT ... they make masks which might be useful in all of Europe now to prevent breathing volcanic dust. This stock is related in a way to NNVC because it makes biohazard suits also. APT is sector related to biotech and also semiconductor (clean wear for tech clean rooms). ... APT has run up in past when flu scare. Few shares out & debt appears nihl (have to chk with latest filings, Yahoo data might be old). http://finance.yahoo.com/q/ks?s=APT

possible bullish set up on its chart if it can break-above $2.50.

Bernhard said...

harsh day for me... alot of red... ugh... had to come at one point though...

Anonymous said...

Warren Buffet's world's re-known financial franchise GS accused of civil fraud by SEC!! LOL!