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Actionable news in QQQ: PowerShares QQQ Trust, Series 1,

TVO Market Barometer 5/11/17

For the past 5 straight days SPY has opened and closed around and above 239. The volume activity has stayed in a pretty tight range as well… That is, except for today (Thursday) where the signs of distribution on the big board may be the first cracks in the bull’s venerable “cup and handle” pattern that’s been poised to break to the upside for some time. The fact that SPY 240 hasn’t happened yet should already be a red flag for bulls to take heed. Perhaps there are just too many folks on...


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