From 10-10:30am this morning the bulls pushed the Q's higher, above their July 19 intraday high of $50.66 in fact. , but after a few hours of retreat and going nowhere the bears started to attack. From noon to 1:30pm the Q's had given up the entire day's gains and some. As of this post the Q's are languishing at the session lows.
The Q's are still in a short term uptrend which started Sept. 10 and staying in the middle of the channel.
But how much longer? Is tech a true safe haven?
Will this week's durable goods report be favorable to tech?
I have my trigger finger on QID!
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