I saw a couple of very interesting market thoughts and charts today from Peter Brandt and San from Nifty Charts.
Peter Brandt is getting bearish, taking the opinion that this is purely a dead cat bounce. There is also and 18 month rising wedge formation on the weekly chart and a head and shoulders patter on the daily chart.
San took a look at the QQQ today and is also bearish.
Enjoy the charts below and let me know what you think in the comments. Happy Thanksgiving.
