PhiWaveCapital

CQQQ Long 12/4/23

Long
PhiWaveCapital Updated   
BATS:CQQQ   Invesco China Technology ETF
CQQQ The five wave thrust through the wave (iv) of ((c)) of Y of (B) high should confirm the completion of the entire double three corrective pattern that began in January. Any downside should remain corrective against the wave (B) low of 33.50 as wave (C) begins to develop higher towards the wave (A) high and through at least 38.49 and 44.05. Much greater bullish potential exists.
Comment:
Anticipating the end of wave 2 against the wave 1 low of 33.50 before prices begin to climb through the wave 1 high of 38.49 and towards 44.05 in an impulsive manner.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.