PUG Stock Market Analysis, LLC

Elliott Wave Technical Analysis and Commentary on the Stock Market

March 8th, 2016: QQQ Wave Count Update

Posted by pugsma on March 8, 2016

12:15 pm EST:    Today the QQQ’s tested key support at 104 and so far it held.  If this 104 support holds, then the QQQ’s have a potential path via an IHS target of 113 to the closing the 112 to 110 gap from Jan 4th, 2016.

QQQ 60-min chart (mid-day):

PUG QQQ 60-min MD 3-8-16

QQQ weekly chart (mid-day):

PUG QQQ weekly MD 3-8-16

 

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