Strategesis

From Safehaven.com:

There is a good possibility that the low of the correction from 1339 has now been seen. However, a number of technical factors are suggesting that a pull-back will be needed before we can move higher. We’ll examine these in our analysis, but one of them is the fact that the QQQ may have suffered a minor set-back as a result of GOOG’s weakness on Friday and may need a small period of recuperation. Should the weakness exceed more than a few points, it could alter the scenario.

Continued

This entry was posted on 2011-04-17 at 17:31 and is filed under education, technical analysis. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.