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Author Archives: Rick Rouse
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The PowerShares QQQ (QQQ) was down for a 2nd-straight session after tapping a low of $170.16. Near-term support at $170-$169.50 held with the close back below the 200-day moving average being a slightly bearish signal. A move below $168 will likely signal a near-term top. Lowered resistance is at $172.75-$173.25 with additional hurdles at $175-$175.50. […]
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