Stock Market Chart Analysis
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
April 27, 2014
Descending broadening wedge of QQQ
QQQ Daily chart shows a descending broadening wedge. Pattern breaks mostly on the opposite side of the prevailing trend.
Crucial support for qqq at 200 Day SMA.
Resistance at Daily cloud and 50 Day SMA.
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