QQQ: The bearish week actually closed out with a bullish شراء

NASDAQ:QQQ

Invesco QQQ Trust, Series 1NASDAQ

الوصف

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Piercing Candle. The count is still intact. Who knows, the QQQ might lead the DOW and the SPX into the 5th wave top

تعليق

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Pennant Breakout Target

تعليق

⋅ ٩ آذار مارس ٢٠١٨ ١٧:٣٨

Charted this yesterday, posting now after the fact LOLOLO

تعليق

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تعليق

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Count still intact

تعليق

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Breakout and back test. Count still intact.

Wave Analysis

التعليقات

redapple2017

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Are you saying it's not going to pull back to 170 area?

Will_Wong

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@redapple2017, The count is still valid as long as wave 2 does not retrace 100% of wave 1. So technically, QQQ can go as low as 162 and not violate the rules but I don't think it will get that low.

redapple2017

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@Will Wong, Thanks! :)

Hope4Today9

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But is the ABC done? Fun with waves... Too soon... Monday will bring more down side.

Will_Wong

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@Hope4Today9, This won’t be the first time a Stock has gone on to an impulse from a 5- wave correction.

TomPower

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@Will Wong, Well if thats an A up, we should have B down Tuesday

Will_Wong

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@TomPower, I didn't count that as an A up. I counted these as a new 5- wave up and wave 4 as done and over.

Will_Wong

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@Hope4Today9, Are you a believer now?

المزيد