NASDAQ:QQQ   POWERSHARES QQQ TRUST, SERIES 1
151 0 4
Made this chart after viewing the charts of a couple of my favorite authors here at Trading View.Thank you for posting. Price is visiting the 84 level for the third time in recent history. It is clear from the chart that with each test bears are gaining ground and the bulls are losing. I suspect the next test will fall through this level to my first target near 80. But first, we appear headed up to a price level near 87- 88. This is where our future will be decided. I believe a break above the yellow could signal a continuation of the current bull run but a failure will certainly lead us back to the blue line where support is very thin.
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