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	Comments on: QQQ Rising Wedge + AAPL Breakdown	</title>
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		By: rsotc		</title>
		<link>https://rightsideofthechart.com/qqq-rising-wedge-aapl-breakdown/#comment-3544</link>

		<dc:creator><![CDATA[rsotc]]></dc:creator>
		<pubDate>Fri, 09 Jun 2017 15:36:14 +0000</pubDate>
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					<description><![CDATA[On a closely related note, the &lt;abbr class=&#039;c2c-text-hover&#039; title=&#039;An acronym for the 5 largest components of the Nasdaq 100 index: FB, APPL, AMZN, MSFT &#038; GOOG(L)which collectively account for nearly 1/2 of the returns of that leading index.&#039;&gt;FAAMG&lt;/abbr&gt; stocks have all either broken down or are sitting right on those recently highlighted 60-minute trendlines or support levels. As such, QQQ is at a very precarious technical position.]]></description>
			<content:encoded><![CDATA[<p>On a closely related note, the <abbr class='c2c-text-hover' title='An acronym for the 5 largest components of the Nasdaq 100 index: FB, APPL, AMZN, MSFT &amp; GOOG(L)which collectively account for nearly 1/2 of the returns of that leading index.'>FAAMG</abbr> stocks have all either broken down or are sitting right on those recently highlighted 60-minute trendlines or support levels. As such, QQQ is at a very precarious technical position.</p>
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