QQQ (D) potential bullish consolidation/retracement.

149 0 0
QQQ             (D) potential bullish consolidation/retracement, before heading higher.

Price is consolidating within range, above resistance/support line, after break_out. Staying within range, price may neutralize any overbought pressure(lower time_frames), before heading higher.

Breaking the support, price could retrace to 23.6%-38.2% area and 50-100 sma , Gap fill, before heading higher.

RSI at 67.

Within presidential Cycle, potential positive returns after mid - term elections into year_end and 12 months out, after the already mid October corrective pattern.

Seasonals bullish .

7 year cycle potentially in force.

Expectations for first interest rate rise about September of 2015, with the risks skewed to a later liftoff, and a very slow rising cycle this time.

Fed still keeps a 4.5 trill $ balance sheet , with high probability of maintaining this for some time. Even as the Fed ends QE3, other CBs             are stepping in, with BOJ, and ECB announced plans, for continued purchases going forward . Growth rate of global liquidity continues unabated.

Targeting 103, 109 and 120.

EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
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