As a matter of fact, last week trading action was pretty consistent with what we've predicted in our mid-week "Cubes Speculator Bulletin" – "the first test of resistant the $49 level is destined to fail. It's expected to be followed by a retest of the $47 level"
As you can see, the QQQQ rallied for 2 consecutive sessions followed our Monday evening positive comment and hit as high as $49.06 before reversed sharply on Thursday and traded its way lower into the expected zone @ $47. Any round trip options traded could have made at least 5 folds (500%) in less than a week.
