iBankCoin
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Joined Apr 1, 2010
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Intraday Look and Analysis: Momentum Needs to Stay on Track

The 30-minute QQQ chart we looked at yesterday shows the potential bearish head and shoulders top is likely negated with the large gap higher today. As a result, turning to the daily chart of the Nasdaq, below on the second chart, indicates the bullish inverse head and shoulders setup is most certainly in play with a push above 3,033.

The bulls need this momentum to stick here with such a critical level literally just above.

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2 comments

  1. Grey Poopon

    oh my god that video is awesome

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