I feel the techs say more of a drop....

And that is why I am going to issue a put on the QQQ:

The techs just look plain weak.

Tomorrow things will be more clear. But for now, lets go to those charts. Lets look at a chart of the QQQ:

The current candle is a middling candle and could go either way. However because its in a new downward channel, and because 3/4s of the time when you get this candle, things go down the next day, I rolled the bones and said down for Thurs.


Tradinginsider