Radar/Market Update – QQQ

October 9, 2012
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Radar/Market Update – QQQ.  QQQ breaking down from textbook H&S.  Projection is 65.25 with 200-day below at 64.5.  As discussed in meeting yesterday, this Head & Shoulders is particularly bearish because of the distribution top now appearing to be a failed breakout of 52-week high:

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