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Yuba_Tamazgha
Jun 14, 2014 6:46 PM

Intra-day Bearish Gartley, with a hint of Bat  Short

Invesco QQQ Trust, Series 1NASDAQ

Description

There's a potential gartley showing up. If C leg can make it up to $92.68-$92.74 we may see reversal in price upon the completion for an intra-day trade. For longer term, price action may trade down to 91.08 to complete a Bat pattern. There's strong structure around $91.42-$91.13. The Bat pattern would make for a perfect retracement back to the trend line, if you happen to draw a trend line.


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