No Meaningful Selling Pressure in Q's

Although the Q's have been unable to make any upside progress during the first hour of trading, the action nevertheless is very muted -- and does NOT suggest there is any meaningful selling pressure at this time. In other words, the action in the Q's is an orderly high-level consolidation period that probably will span a range between 46.00 and 45.00 (roughly) prior to completion -- and the emergence of a new upleg to 48.