AI
Wednesday, August 02, 2006 8:25:52 PM
QQQQ - Wednesday's 5-Minute Chart
The 'Support & Resistance Report' identifies areas of Gathering Support (Buy Triggers) and Gathering Resistance (Sell Triggers) for each day's trade.
The following 5-Minute Chart shows how the QQQQ rose to the upper end of Wednesday's wider than usual area of "Gathering Resistance" before pulling back to close slightly below it:
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The 'Support & Resistance Report' identifies areas of Gathering Support (Buy Triggers) and Gathering Resistance (Sell Triggers) for each day's trade.
The following 5-Minute Chart shows how the QQQQ rose to the upper end of Wednesday's wider than usual area of "Gathering Resistance" before pulling back to close slightly below it:
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V
V
V
V
Buy at Support
Sell at Resistance
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