Market Analysis for Sep 15th, 2004
For today's Minute, Mike writes of the QQQs: The big picture look at the QQQs shows the August 13th upside pivot reversal and the impressive upmove into Monday's high at 35.73. My work argues that the Mon-Wed pullback likely is over (35.72 to 35.12), and that the Qs have initiated a new upmove that should propel them to new recovery highs -- into my next optimal target zone of 36.50.
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