Monday, April 8, 2013

More Cracks in the Facade- This Time the QQQ

I previously mentioned that the Russell 2000 index broke the uptrend, on volume, and this index was one to watch. Well, add the QQQ or the NASDAQ index. The NASDAQ has broken the uptrend in place since November 2012. And it did it on a surge in volume. this is just another signal, in my mind, that their may be growing bearishness in market participants.





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