The Mind of a Trader
'Forecasting the fundamental story through charts'
Thursday, May 29, 2014
Nasdaq bubble intact. For now.
A whopping 7% pull back in the QQQ's before rallying right back.
88 worked for the stop run and produced a 3ish% move to the upside back towards the long term broken channel.
The two likely scenarios in my opinion.
........Then
I see these kind of divergences and I scratch my head....
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Matt
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