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FW: [RT] A look at QQQQ with SwingMachine



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My work suggests a temp bottom

But max upside for now 2-3%

Ben

 

-----Original Message-----
From: realtraders@xxxxxxxxxxxxxxx [mailto:realtraders@xxxxxxxxxxxxxxx] On Behalf Of Jim White
Sent:
Wednesday, August 15, 2007 12:18 PM
To: realtraders@xxxxxxxxxxxxxxx
Subject: Re: [RT] A look at QQQQ with SwingMachine

 

Elements of both scenarios are possible. On a daily basis , today is a Near Impulse day for the QQQQ and price is near a reversal level. We could see a daily low pivot and up move for several days.

On a weekly basis the last week of August is a Near Impulse week and we could see a weekly low pivot around 44.

$43 to 44 is also a support level on the monthly chart.

8/26 is a Bradley date and 8/20 -23 are Delta dates for a low.

 

Jim

----- Original Message -----

From: Clyde Lee

Sent: Wednesday, August 15, 2007 7:53 AM

Subject: [RT] A look at QQQQ with SwingMachine

 

SwingMachine has the ability to calculate a worst case

and best case scenario for the next sequence of days.

 

Both are attached.

 

Clyde

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Clyde Lee                 phone: 713.783.9540
SYTECH Corporation
7910 Westglen,
Suite 105
Houston, TX  77063     fax: 713.783.1092
WebSite:       www.theswingmachine.com
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