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April 10th, 2014: QQQ Wave Count

Posted by pugsma on April 10, 2014

4-11-14, 12:00 pm EST:  Here is the 4-hr chart.  So far 83.74 has held today.

QQQ 4-hr chart (mid-day, 4-11-14):

PUG QQQ 4-hr chart MD 4-11-14

5:40 pm EST:  Moving down from the 91.36 high in early March high, the QQQ’s have formed 7 overlapping waves that implies a corrective (w)-(x)-(y), 3-3-3 wave pattern for minor 2.  As long as the QQQ’s hold the major [4] 83.74 low during the minor 2 of major [5]-P3-C1 wave, there should be a new high above 91.36 for P3-C1.

QQQ 60-min chart (EOD):

PUG QQQ 60-min chart EOD 4-10-14

QQQ weekly chart (EOD):

PUG QQQ weekly chart EOD 4-10-14

This entry was posted on April 10, 2014 at 4:35 pm and is filed under QQQ. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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