SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Playing the QQQQ with Terry and friends. -- Ignore unavailable to you. Want to Upgrade?


To: Compadre who wrote (725)6/8/2005 11:52:31 AM
From: herry iball  Read Replies (1) | Respond to of 4814
 
Yup,
I meant to post this last night and forgot.

There was triple support there, the lower channel line and horizontal support and the middle of the 99 period regression channel (240 minute chart)....it was bound to bounce, the two dollar question is will it hold?

share.esignal.com

The 200 period regression channel is white, and shows how price had trouble maintaining above it.



To: Compadre who wrote (725)6/8/2005 12:07:52 PM
From: Gush  Read Replies (3) | Respond to of 4814
 
Here we go!



To: Compadre who wrote (725)6/8/2005 12:44:15 PM
From: Walkingshadow  Read Replies (2) | Respond to of 4814
 
I am not sure what to make of that channel you posted, that slope clearly cannot be maintained indefinitely. Sooner or later QQQQ has to fail at that bottom rail. That won't mean much, however, because the uptrend is fully intact.

Here's a longer perspective, showing where we are in relations to the long-term uptrend.

139.142.147.218

T