WATCH NOW


Watch 25+ sessions streamed LIVE from a renowned line-up of trading experts!
    
 

QQQQ Uptrend Intact

01/09/2009 9:52 am EST

Focus: STOCKS

Thomas Aspray

, Professional Trader & Analyst

chart

The daily chart of the QQQQ shows that the demand index (DI) formed a positive divergence at the Nov. lows and the uptrend is still clearly intact. A break of DI support is needed to indicate the rebound is over as was the case last August. Next strong resistance at $34-$36.50 with support at $27-$28.

Related Articles on STOCKS

Keyword Image
Emerson Electric Revs Up Growth
11/09/2018 5:00 am EST

Emerson Electric Co. (EMR) was established in 1890 in St. Louis, Missouri; its primary products incl...