April 17, 2012

QQQ Chart Analysis

ONE HOUR CHART
FOUR HOUR CHARTS
 
  • QQQ one hour chart moving towards the resistance line of the channel.
  • Four hour chart shows 50 period SMA which may act as resistance.
  • QQQ YESTERDAYS POST



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2 comments:

  1. mynacApril 17, 2012 at 9:53 PM

    Dear San,
    Dow J looks me quite Bullish here if it will give firm close above 13040 today.Probably it has hidden potential left to show even new yearly high from here is my understanding @ this moment...Your view pl.

    Thanks in advance... Good Night...

    ReplyDelete
  2. SanApril 18, 2012 at 12:42 AM

    @mynac
    Sorry for the delayed reply.

    Great levels of Dow, It crossed that and price is likely to retest the recent high's provided price sustains above the level you have mentioned.

    ReplyDelete

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