COMPQ is back-testing its intermediate and long-term trend lines:
In conclusion, there are a fair number of market marbles riding on these tests. If SPX and COMPQ can sustain breakout back over resistance, there's a good chance the decline is over. If it's rejected at this back-tests, then the market would be signaling that bears are, at least for the moment, waking up. Trade safe.


No comments:
Post a Comment