07/12 QQQ ATR Levels and Ranges

Been out of the pocket for the last 2 days, so I am just going to stick to my lines this morning no emphasis on a perspective or thesis. ATR is at 5.45 which is going up from prior month and from earlier this month. I do think that we go back up from this LOW LOW area we are experiencing, the PPI reports came out this am relatively flat, however a shave off a few tenths of a point is good in the economics world. tradingeconomics.com/calendar

SCALP
SR2 495.05
SR1 494.35
SPOP 493.64
LAST PRICE 492.93
SBREAK 492.22
SS1 491.51
SS2 490.81

R2 500.01
R1 497.29
POP 495.65
LAST PRICE 492.93
BREAK 490.23
S1 488.08
S2 486.65