Update on QBE, CCL and MQG:MQG: ST uptrend and LT downtrend...

Update on QBE, CCL and MQG:

MQG: ST uptrend and LT downtrend intersected today. SP opened lower on the lower support level, bounced off and closed slightly lower than the long term down.

QBE: Interestingly as with MQG formed a symetrical triangle off the downtrend - i am inclined both are possibly going to break out.. ..which way? Depends on the market sentiment.

CCL: Heavily shorted day on considerably high volume, will need to see tomorrows action to confirm but could be reversal at top.. ..big volume scooped up at end of the day though.. ..will be interesting to watch.

Will provide some updated charts in a few days :)