Friday 11 May 2018

QQQ & TQQQ: Having a rally towards next cloud chart resistance!

QQQ & TQQQ: Having a rally towards next cloud chart resistance!

So far so good, QQQ and TQQQ having a rally after rebounding from old cloud chart support levels!

The QQQ next resistance target is around the 171 resistance zone! It managed to break past old cloud chart resistance at the top end of the cloud! So far so good. Old highs next key resistance zones!

The TQQQ is getting closer to a key resistance level of 170, can see some consolidation there. Old highs are the next key resistance levels.
Top end of the cloud is the new support zone.  So far so good.


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