View: qqq2.png

qqq2.png

QQQ: Possible rising wedge. Important reason is the text book volume decreasing. Lets see how this plays out. Tim should be Beary Happy about this.

Comments

SkipperleejonesSkipperleejones
After all these years of fails for T/A in terms of bear breakdowns the time may well be here, lookout! 3/18/15
bleakbleak
I don't see anything bearish in that chart. 3/18/15
SkipperleejonesSkipperleejones
Rising wedge rising market this is most usually a reversal pattern especially when the wedge run-up happens on falling volume. 3/18/15
moneymiser21moneymiser21
Notice those volume spikes are on lows, and price reverses after. 
 
What volume confirmation would prefer is new lows on heavier volume than prior low. 3/18/15
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