Thursday, May 6, 2010

IWM and QQQQ

The IWM which has led this rally for several months, closely followed by the QQQQ's are lagging this sell off when compared to the SPY and DIA. They are also very close to the 38.2% retracement form February low's though. If they catch up to the SPY's and DIA's sell off which would see January's highs, there is still room to the downside 5% on the IWM and about 2.5% on the QQQQ's respectively.


IWM


QQQQ

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