Friday, April 16, 2010

QQQQ Daily

The low so far today on the QQQQ was 49.20, just three ticks above the Daily Trend Model's reversal number:

QQQQ Daily Trend Model


Obviously, today's low and the trend reversal stop remain key levels going forward.  The up trend from mid-February appears to be in jeopardy, but as Yogi suggested, "It ain't over 'til its over."