QQQ Powershares Monthly from a different point of view.
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I made a channel by connecting the top and bottom with a trendline. Then I took the time of the most recent high and put a vertical line there. The rest is just like conneecting the dots. Where the trendlines would intersect with the time line, I would put a horizontal line there. Then that would create a new point to put another vertical time line in. And so on. Now it creates cells with support and resistance and possible change in trend time line.