Thursday, 15 April 2010

QQQ's



Is this an exhaustion gap into the 100% from the low level ? 100% and 50% levels off lows are regarded as significant resistance in Gann theory) nice round numbers too (and Murrey Math fractal),and the ubiqitous rising wedge
Time counts are quite interesting.The run down was approximately 25 weeks (25 point move ,square of the range) and high to high approximately 100 weeks (4 times the square of the range).

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