October 21, 2012

QQQ Weekend update

DAILY CHART
WEEKLY CHART


  • 2nd Char the weekly time frame shows a MACD sell signal. 
  • If the weekly up trend line and 200 SMA does not hold the Weekly MACD sell signal will be effective and price may fall towards the support zone between 59 - 60 as shown shown in the second chart.
  • Bulls must hope that price does not breach the support area and 200 SMA near 64.90 on closing basis.
  • GLD WEEKEND UPDATE
-->

No comments:

Post a Comment