Here's the share bar chart:
Here's a look at QID:
Wednesday, November 12, 2008
trend day
A trend day to the downside, what more can be said? It doesn't feel like anything is on anyone's buy list at this point, aside from inverse ETFs. Well, here's today's strategy; sell (on QLD, buy on QID) the vwap, 20EMA, or a green/red candle for that matter. Here's QLD on both a 5-minute and a share bar chart that is supposed to mirror a 5-minute. It's a lot cleaner using share bars with those smooth pullbacks to vwap (red dots).
Here's the share bar chart:
Here's a look at QID:
Here's the share bar chart:Here's a look at QID:
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