QQQQ - Wednesday's 5-Minute Chart...
The QQQQ continued its heavy-volume pull back on Wednesday from Monday's area of Gathering Resistance between $42.52 and $42.60.
Wednesday's 5-Minute Chart shows a gap-up open (a positive reaction to the 8:30am CPI Report) that found Resistance at the declining '200-Period Moving Average'.
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The QQQQ continued its heavy-volume pull back on Wednesday from Monday's area of Gathering Resistance between $42.52 and $42.60.
Wednesday's 5-Minute Chart shows a gap-up open (a positive reaction to the 8:30am CPI Report) that found Resistance at the declining '200-Period Moving Average'.
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Buy at Support
Sell at Resistance
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