The Powershares QQQ Trust (QQQQ) squared out in the short term yesterday and looks strong in the long term. Price continues above the 4:1 Gann Angle of the Mar05-Oct07 range. Price recently bounced off the 1:1 descending angle (as expected) and could move all the way to the 1:1 ascending line without losing it’s bullish attitude. Continue reading
QQQQ Looks Good in Long Term Elliott Wave Analysis
May 22nd, 2008 2 Comments
Tags: A-B-C Correction · Elliott Wave Analysis · Gann Angle Fan · QQQQ · Square Out
QQQQ Rings the Bell on the Price-Time Square
May 22nd, 2008 2 Comments
As a follow-up on the Powershares QQQ Trust (QQQQ) last week, I see price hit the 50/50 point. Continue reading
Tags: Price-Time Balance · QQQQ · Square of Range