June 15, 2010

Powershares qqq Trust Series I fibonacci levels

A CLOSER LOOK


  • Powershares qqq Trust series I fibonacci levels of the fall from 50 levels to the 42 levels is shown here.
  • At the moment it is trading in between 38.2% level and the 50%.
  • The range is 45.60 to 46.66 so expect good movements after a high volume break out on either side.
By at

3 comments:

  1. AnonymousJune 15, 2010 at 11:51 PM

    50% fib QQQQ, probably works, use a 47.5 stop

    ReplyDelete
  2. AnonymousJune 15, 2010 at 11:55 PM

    anoopsan, nice fibs...QQQQ fibs usually work, unlike SPY...SPY fibs rarely work.

    ReplyDelete
  3. SanJune 16, 2010 at 12:29 AM

    Thanks for your valuable inputs here zstock

    ReplyDelete

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