Wednesday, April 29, 2009

April 29th - Stock Market Review




The QQQQ are at a critical level , the 200MA is declining in a very rapid way. Even if we are goinmg to see another rally , it will probably fail.


BUT we do not have YET a short sign due to the fact the we have higher high and higher lows.


If in some way the QQQQ break the 33.4 level then we can consider the trend change.