In the intra-day chart, QID formed a bullish trap-zone. It will head to 27.00 as the first short-term target.
The NADAQ intra-day chart also formed a bearish trap-zone. The expected DOWN wave probably have started from yesterday's high of ~ 2009. It will be re-confirmed next week !
What a joke ! This nice UP wave's highest point is 2009 ? We are in 2009 now ! All magic numbers, like 666 in S&P.
You may also notice that both Euro and gold soared this morning, but the US stock market didn't follow. This usually is a pretty bearish sign.
If the US market close today with a DOWN day, next Monday will have a good chance to be a BLACK Monday !
QID fill the gap is very likely
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