Day: October 20, 2007

Market Update: No Surprises Here

Qqqq20071019

The Cubes (NASDAQ: QQQQ): 8:10 PM NYC time, October 19th: Just a quick update on Wednesday’s posting about last week’s bearish engulfing candle / key reversal. Today’s sell off *almost* closed below last week’s key candle, but didn’t (NOTE: Other major indexes, such as the Dow and S&P, *did* confirm to the downside. Volume was elevated due to options expiration. So we’ll have to…

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