Powershares Qqq Trust Series I

• Powershares qqq trust series I has closed above it's 10 day, 20 day and 200 day moving averages on friday.
• The second chart shows a macd buy signal along with a triangle breakout situation. There was a MACD prior to this which turned out to be a whipsaw. So this buy signal may work along with a breakout of the above trend line. 
• Closing above 46.70 is very important for the bulls. This means closing above the 20 week moving average. Above that the next resistance are 49.92 and 48.12 
• SP 500 EOD ANALYSIS
  
• RUSSELL 2000 INDEX EOD ANALYSIS
  
• DOW JONES WEEKLY ANALYSIS