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QQQ: First Test of 2000 Crash Support Lost.

BATS:QQQ   POWERSHARES QQQ TRUST
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My levels might be slightly off, but since we are establishing a first touch of 2000 crash levels of support lost that initiated the crash... we will fail and retest support gained that brought us here.
TradeVulture.com
2 years ago
Are we testing this leg start.....?????
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Wyckoff Trader
2 years ago
So leg start would not be 2/4/14 where support is first gained(then tested)? Just want to understand this better. Thanks for all your post. This is very helpful.
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TradeVulture.com Wyckoff Trader
2 years ago
The leg start is a range, which also forms at a harmonic fib level, or volume point of control. When you use a larger time frame, it's easier to see the levels. Leg start of this last up move is 84-86.
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TradeVulture.com
2 years ago
Notice how leg start tested and the immediate first touch pop.
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Wyckoff Trader
2 years ago
Which time frame are you referring to?
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TradeVulture.com Wyckoff Trader
2 years ago
easy to see on daily.
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