The Bonddad Blog
Still nerdy after all these years
Wednesday, April 21, 2010
Consider the following on the QQQQ chart.
There is a head and shoulders pattern already formed along with a head that is a triple bottom.
On the DIAs, we have:
A double bottom.
Does this mean a move higher is guaranteed? Not at all. But it does tell us what other traders see for today's trading set-ups.