Another thing this technical analyst said was, when the market his 12,500, it would be bullish. So he called for a break of the 60min 200ema of 12480.70 - guess that's all you have to know to appear on CNBC.
Thursday, February 21, 2008
QQQQ Sideways wedge.
I've been watching this chart for almost a week now. You could apply these trend lines to each of the markets. Today on CNBC, someone came on with this wedge - which probably means it will be breaking out shortly.
Another thing this technical analyst said was, when the market his 12,500, it would be bullish. So he called for a break of the 60min 200ema of 12480.70 - guess that's all you have to know to appear on CNBC.
Another thing this technical analyst said was, when the market his 12,500, it would be bullish. So he called for a break of the 60min 200ema of 12480.70 - guess that's all you have to know to appear on CNBC.
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