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Sent: Sunday, January 14, 2007 4:51 PM
Subject: [AAQuants] QQQQ has a bearish Advanced Block candlesticks pattern
The Nasdaq was the last one among three major indices to reach the long-term uptrend resistance line. QQQQ daily and weekly Lane's Stochastic are strongly overbought. MACD has bearish divergence.
http://www.thegreedytrader.com/QQQQTrendAnalysis.aspx?p=118
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