Turning Points | Andre Gratian | 2011-04-17

From Safehaven.com:

There is a good possibility that the low of the correction from 1339 has now been seen. However, a number of technical factors are suggesting that a pull-back will be needed before we can move higher. We’ll examine these in our analysis, but one of them is the fact that the QQQ may have suffered a minor set-back as a result of GOOG’s weakness on Friday and may need a small period of recuperation. Should the weakness exceed more than a few points, it could alter the scenario.



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