Monday, 5 November 2012

Nasdaq 100 (QQQ) - Again at Support Point

Quick technical chart showing the Nasdaq 100.  After a sharp drop out of its trading channel and below its follow, QQQ had found another support line at ~$65.  It held up well to that value for a week, saw a quick bounce, and now is right back testing that line.

Needless to say, it'll be interesting to see if it can hold.

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