APosner

$QQQ rallies right to resistance 06-09-2014

NASDAQ:QQQ   POWERSHARES QQQ TRUST
QQQ             showed strength last week but now a pause may be in order. Price rallied to the overhead trendline and over the last two days has formed a small spinning top. Any reversal is probably a buying opportunity but we need to see the setup. With the recent volatility in QQQ             the sell off and reversal may be quick.
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