Comments on: QQQ Indicated to Gap To Support, H&S Scenario Still In Play https://rightsideofthechart.com/qqq-indicated-gap-support-ihs-scenario-still-play-2/ Stock Trading, Investing & Market Analysis Sat, 02 May 2020 00:33:39 +0000 hourly 1 https://wordpress.org/?v=7.0.2 By: Dean Drummond https://rightsideofthechart.com/qqq-indicated-gap-support-ihs-scenario-still-play-2/#comment-11455 Thu, 09 Nov 2017 16:02:53 +0000 https://rightsideofthechart.com/?p=184406#comment-11455 QQQ hit & bounced off the 152.85 target that was posted on the 5-minute chart before the market opened today. My expectation now is that the 153.61-153.85 resistance zone will likely cap this bounce, followed by a thrust back down & below today’s lows. That resistance zone as well as the Fibonacci retracement levels have been added to this updated 5-minute chart:

]]> By: Dean Drummond https://rightsideofthechart.com/qqq-indicated-gap-support-ihs-scenario-still-play-2/#comment-11454 Thu, 09 Nov 2017 15:33:32 +0000 https://rightsideofthechart.com/?p=184406#comment-11454 In reply to rksleung.

Opps. Yes, meant to type a H&S (Head & Shoulders) topping pattern, not an IHS (Inverse Head & Shoulders) bottoming pattern.

]]> By: rksleung https://rightsideofthechart.com/qqq-indicated-gap-support-ihs-scenario-still-play-2/#comment-11453 Thu, 09 Nov 2017 14:46:07 +0000 https://rightsideofthechart.com/?p=184406#comment-11453 iHnS or Hns?

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