The Q’s had a steady uptrend during most of the day. It started to reverse around 2PM today and showed us weakness for the rest of the day.
Pivot Points and Price Targets (Supports and Resistance) for Tuesday, 04/29/08, for QQQQ to look out for:
- Pivot Point = 47.33
- Support 1 = 47.04. Support 2 = 46.84
- Resistance 1 = 47.53. Resistance 2 = 47.82
Let’s see where the market leads us tomorrow!