Thursday, February 26, 2009

February 26th - Closer look

If we take a closer look at the QQQQ , a rally to 29.3-29.6 is possible an then
a breakdown to the 28 level .
Testing this level again will probably break it and then we get the capitulation stage.
A good possiblity to trade will be to take some QID at 29.5 with a stop above 29.6-29.7 .