QQQ at lowest levels since late October

Technical Strategy Video:

Key Takeaways

Trends look to be joining momentum back lower following Thursday’s abrupt reversal.  QQQ closed at the lowest levels since October, and cycles show possibility of weakness into late January before much relief. Biotech looks to be nearing key make-or-break levels after severe weakness in recent weeks.  Key stocks to favor in this group discussedPharmaceuticals remain a better way to play Healthcare...

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