The Q’s opened with a Gap Down today that led to a steady pace downward. The ETF consolidated from 12:00 PM until the close of the session between 45.9 and 46.4.
Pivot Points and Price Targets (Supports and Resistance) for Wednesday, 04/22/08, for QQQQ to look out for:
- Pivot Point = 46.35
- Support 1 = 45.93. Support 2 = 45.51
- Resistance 1 = 46.77. Resistance 2 = 47.19
Let’s see what price will look like tomorrow!