The image below is the chart of PowerShares QQQ Trust ( Nasdaq Ticker Symbol: QQQ ).
It is a multi-days chart showing Composite Time Price Opportunity (TPO) Profile on the left side and Composite Volume Profile on the right side.
This is an unique charting technique and requires some explanation on how to read the chart.
This chart shows more information than the conventional graphical chart. Reading this chart will stimulate your whole brain. The left hemisphere of your brain which is responsible for logical, rational and analytical functions will be engaged by the numerical data portion of the chart. The right hemisphere of your brain which is responsible for the intuitive and subjective functions will be engaged by the graphical portion of the chart. This gives you an advantage of engaging your whole mind when it comes to trading instead of using just a section of it.
Showing Time Price Opportunity (TPO) Profile side-by-side to Volume Profile gives you a quick synopsis of
The PowerShares QQQ Trust is a unit investment trust that is designed to match the price and the yield performance of the Nasdaq-100 Index. It holds all of the stocks in the Nasdaq-100 Index.
Distributions by the PowerShares QQQ Trust are made on a quarterly basis. The ex-dividend date coincides with the expiration of the Nasdaq Futures contract. The last ex-dividend date for the QQQ was on Dec 21, 2012 and the next QQQ ex-dividend date is tentatively scheduled for Mar 15, 2013.
PowerShares QQQ's top ten holdings are:
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