- Month and daily chart shows different resistance line possibilities.
- Month chart shows a possible resistance line hit at around 1330 levels for this month possible only if price sustains above 1292 levels.
- Daily chart shows a similar resistance level hit at around 1314 level approximately.
- Only the ascending triangle is giving a higher possibility.
- For the above possibilities to work well for bulls price should hold on to the current gains till tomorrows close.
- QQQ TREND UPDATE
January 13, 2012
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