Thursday, June 03, 2010

Q games

Similiar to the morning QQQQ game it did the same thing here. My cue to exit my long was the lack of volume on the pop. Notice how the volume is lower on the last green up candle then the preceding one but the price kept rising. Only in bizarro world does that stick so it said to me sell the longs and go short. It dropped rather violently for 20 minutes after this.
Pay attention to these signals!
Get ready for the afternoon sesh, it may be a good one, lots of market movement today.

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