Without an Intervening Rally It Looks Like a Test of Weekly TDST Support Is Underway, Reaction There Should Setup Shorts
Aaron Armstrong, Jan. 08, 2008
I had really hoped that prices could put in a rally back toward any sort of resistance level or an hourly sell Setup, this would have setup much better shorts in my view for a test of weekly TDST support for QQQQ and DIA. As it stands now prices seem to be headed there anyway without much of an intervening rally. So it's up to the reaction to weekly support to setup a rally that could provide for some very good shorts and perhaps even a shot at a long off of that support. In this trading research video I review the setup.
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