May 14th, 2014: QQQ Weekly Chart Update
Posted by pugsma on May 14, 2014
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SCI-SCV, SCA-SCC: Super Cycle
C1-C5, CA-CC :Cycle
P1-P5, PA-PC : Primary
[1]-[5], [A]-[C] : Major
1-5, A-C : Minor
(1)-(5), (a)-(c) : Minute
i-v, a-b : Minuette
Primary Count:
White/Green (Bull Market)
White/Red (Bear Market)
Alternate Count: Blue
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Posted by pugsma on May 14, 2014
12:30 pm EST: During P4-C1 the QQQ’s are likely headed for the 38% retrace target of 75.62 which agrees with the head and shoulders top of 76.12.
QQQ 60-min chart (EOD):
QQQ weekly chart:
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