Thursday, January 24, 2008

QLD - Late Day Rally




(Click On Chart To Enlarge)




The QLD put in a top at 10:20AM, then knocked out more stops as it fell 8.3% to a new low for the move, at 64.53. Mid-afternoon, the QLD put in a Bullish Inverse H&S, successfully re-tested the breakout, then staged a nice afternoon rally.

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