QQQ 5-min. chart ................ Fibonacci Fan lines added for perspicacious perspective as my original 50% retracement level that betrayed me is being approached. Kinda reminds me of Renda going up against Mr. Majestyk http://tos.mx/W3sw8cz
QQQ 5-min. timeframe ..................... 2nd fanline being approached, notice the consolidation, yeah baby even on 5-min., Mr. Munificence (QQQ) has native antediluvian commonsense and knows to buckle up and gather momentum to face the 2nd fanline.
QQQ 5-min. timeframe ............................ shocking behavior as RSI takes out not only the wave low origin in RSI but now goes to No Man's Land at 14.0
QQQ 5-min., now getting a Coefficient of Restitution boost from the 20-ema on 5-min. timeframe. Will bump up against my original 50% Fibonacci level as Rezzzistance!!!
If the 200=pd ema on 5-min gets taken out along with the 2nd fanline it will remind me of the time when ........ Her face at first was ghostly then turned to a whiter shade of pale as the ceiling flew away
QQQ 5-min. chart update .................. one of 16 vestial virgins as Price approaches my 2nd fanline with the 200-ema still offering bootstrap support http://tos.mx/Nz6bXsN
QQQ ............ daily timeframe reminder. that's where the juice be: that's where the ranch will be sold and all put in the short at the risk of going totally homeless if wrong. Only when/if the LOW of the BEAR thus far is taken out, will I go back to the Chain Gang