Tuesday, February 2, 2010

QQQQ Fibonacci analysis


Here is a chart I made a couple of weeks ago practicing Fibonacci levels. I have left only the most important horizontal confluence zones.

Notice how cleanly QQQQ is bouncing off a VERY significant level (possibly the most important level in the entire chart - this level kept showing up as a confluence zone).

-Wown
StockJockz.blogspot.com

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