Overall Pattern in QQQQ Remains Intact

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By Mike Paulenoff | Published 07/26/2006 | Stocks | Unrated

Overall Pattern in QQQQ Remains Intact

Despite the early weakness in the QQQQ, the overall pattern remains intact and viable, and a minor pullback from yesterday's high at 36.74 to this morning's low at 36.23 is over ahead of another rally effort.

Mike Paulenoff is a 26-year veteran of the financial markets and author of MPTrader.com, a real-time diary of his technical chart analysis and trading alerts on all major markets. For more of Mike Paulenoff, sign up for a free 15-Day trial to his MPTrader Diary by clicking here.

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