Prophet’s pattern software nailed it (sorta)

All charts courtesy of either:

Stockcharts.com

thinkorswim

Prophet Financial Systems, Inc.

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By: Stubborn Bear

Jun 18 2008

1:24 am

Tags:

Category: Setups

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Tag cloud: INDU IWM IYR IYT NVDA QQQQ SPX TNX UPS USD VIPSX XLF

Prophet charts has an interesting pattern recognition software. Technically QQQQ did hit the price target.  QQQQ bounced back up though.  If Prophet is wrong about this pattern, there’s a large downward channel the bulls need to contend with.

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