Tuesday, November 01, 2011

The Black Box Update for 11/1/11

Here is what the Black Box looks like tonight for the $QQQ.  It’s funny how it seems to be right most of the time, even though there is no way the system can predict European headline news or company bankruptcies.

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And it didn’t get the October 4th key reversal – which turned out to be a nice washout at the lows.  So far, anyway.

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