QQQ Stock Rally Showing Signs of Sustainability After Previous Fakeouts
- QQQ stock rally in November looking different than previous fakeouts
- Three waves down pattern preceded latest rally, similar to basketball fakeout
- Multiple follow-through days signaled strength, with QQQ holding 50-day line
- Broad participation now evident with Russell 2000 small caps joining
- Use weekend to find leading stocks setting up for next leg based on QQQ action