This chart of QLD is similar to all the major index ETFs -- a respect of resistance at the 50 day MA. We had "sell" set-ups, but passed, because our main BP/SP EVMO (Buy Power/Sell Pressure Exponential Volume Momentum Oscillator, what a mouth-full! Hereinafter "EVMO") is still on a "BUY" signal, and trendlines have not been violated. Stops can be moved up on our Longs to lock in some profit.
