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ContraryTrader

Nasdaq/QQQ update

Índice US Composite (TVC:IXIC)  
ContraryTrader  
TVC:IXIC   Índice US Composite
Fibonacci Flag Moving Averages
1
0
fibonacci flagpattern movingaverage
Look like its found a down channel to trade in (Yellow line). This channel could also be looked at as a bull flag.

If channel doesn't hold the next support is (redline) 12864/Fib 0.618/ 100ma

Points of resistance are
20ma (Blue line)
50ma (Pink line)
Channel top

Also if you view my RSI you'll find resistance trendline

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