QES found resistance at 0.935, and negative divergence is seen on daily RSI. New long position need to be very cautious. Short term support is seen at 0.82.
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Is QES still has another leg to moves one step up or just finding turning point to move downward?.
ellynacci
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@tamancheku, in my technical view, QES is still bullish (as closed on 5th July). There is still no reversal sign yet. However, stay cautious as sign of overbought is seen. Price movement below support at .82 could push the price lower.