So we're sure to test the lows tomorrow, right? Judging from the performance of the bulls over the past two weeks (very weak rallies), we could be in trouble before the week ends (unless you're long
QID,
SDS,
DXD,
TWM). We'll either test the lows and find some buyers or fall through the floor again.
Here's
QLD today on above average volume.
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Tomorrow ought to be a doozy, one way or another.
Here's the Daily on QLD. The trend is in place and downside moves certainly bring in more volume.
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