MichaelGLamothe

200dma and September Highs still acting as support for QQQ...

NASDAQ:QQQ   POWERSHARES QQQ TRUST, SERIES 1
QQQ
14 0 1
qqq
An important line in the sand for QQQ             is 108.73. It marks both the 200dma as well as September's high. As noted yesterday, this is a level of resistance that later turned into support. It was tested on both Monday and Tuesday and so far it has held.

Both 108.73 as well as Monday's low of 108.12 are important levels to watch. If 108.12 is breached, I think we'll see a number of stop losses triggered and this may create a new wave of selling.
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out