In chart work, chart patterns are used to predict the direction of a stock's next move.
The Daily Chart of the QQQQ currently displays an unmistakable and very reliable chart pattern.
Subscribers to the "Support & Resistance Report" will receive a description of the current chart pattern in Saturday's report along with an explanation of what it means for the QQQQ, and therefore, for the rest of the market (As the QQQQ goes, so goes the rest of the market).
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.