Swing Trade setups for QQQ & SPY 1/14/2013

For those that like longer term trades, here’s potential setup.

Look at the QQQ weekly chart first, then the 4 hour to fine tune entry.

1-13-2013 QQQ W 1-13-2013 QQQ 4H

SPY is approaching a significant line in the sand for swing entry.  Look weekly to see how this important level is significant on both weekly and hourly.

1-14-2013 SPY W  1-14-2013 SPY H