Replies to post #6976 on Invesco QQQ Trust Series 1 (QQQ)

[NetNeutral]

Hey Mil, it’s about TIME to get a bounce Aah, BUT, bounces r a rare ting Friday and 2day, may change dough!??

That said, we can calculate a probable High dis-week, let’s do dat shall we??

LOD, 94.90
WKly Range lately, 6% (5.50/6.00)

We simple take the Low of da-Wk, 94.90, and we add the wkly range, hence, a possible high is 100.40/100.90), any consideration of a wkly high that exceeds that would beyond the latest wkly range?

You can use any further downside to recalculate said weekly high??

Hope dis-Helps