February 18, 2011

QQQQ Support and resistance levels

  • QQQQ 15 minutes chart withe resistance lines in red and the supporting trend line in blue color.
  • Break of red lines shows the steady up move QQQQ has been doing. If price breaks the red line again it will take one more step in favor of bulls.
  •  Break of the supporting trend line will be negative for the bulls.
  • TREND LINES OF SPY

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