Nasdaq (QQQ): Ready to Go Higher; Buy Signal Alert
💡 Setup Overview:
This bullish setup is perfect for those who love buying dips. The green box highlights an ideal entry zone supported by Fibonacci retracement levels.
🔍 Key Levels to Watch:
Entry Zone: $489.88 - $501.27
Stop-Loss: $488.67
Targets:
First Target: $526.47
Second Target: $551.80
📊 Strategy:
The focus remains on buying dips for indices like SPY and QQQ, avoiding shorting positions. This plan leverages Elliott Wave patterns and Fibonacci extensions for precise entry points.
🕒 Expected Timeline: Medium-term hold.
This bullish setup is perfect for those who love buying dips. The green box highlights an ideal entry zone supported by Fibonacci retracement levels.
🔍 Key Levels to Watch:
Entry Zone: $489.88 - $501.27
Stop-Loss: $488.67
Targets:
First Target: $526.47
Second Target: $551.80
📊 Strategy:
The focus remains on buying dips for indices like SPY and QQQ, avoiding shorting positions. This plan leverages Elliott Wave patterns and Fibonacci extensions for precise entry points.
🕒 Expected Timeline: Medium-term hold.
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