My QM SWING Chart above...
I was wrong last week, when I mentioned that a possible interim top could be in place for the QM. The challenge of Support was swift and PRICE quickly went back up to challenge Resistance, and created a PRIME New High at $120.325 in last night's trading.
Truth be told, this Bull looks set to test new boundaries, now that the POSITION Chart is beginning to turn up as well.
Tuesday, May 06, 2008
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