Tuesday, December 19, 2006

QQQQ, Buy Pressure Shows UP

QQQQ Buy Pressure up, near extreme. First time in a while. In bullish market this is enough to prepare to buy market. But averagepressure(cyan) line perked up to a multi-weak highs - bearish intermediate term. So market may put a quick bottom today, but we do not think this is the last of this decline. It will, most likely, will have a follow up. Good Trading

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