Tuesday, March 31, 2009

Nasdaq Head and Shoulders

QQQQ trend lines:


2009-03-31_2343.png


For the reversal pattern: Volume is inconclusive, but the formation looks pretty solid:




2009-03-31_2347.png


refer to this post for rules on what forms an actual bearish head and shoulders pattern.


at 3/31/2009 11:51:00 PM
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