TradingView
markackerman
May 1, 2022 11:38 PM

#QQQ New Buy Signal ? Long

Invesco QQQ Trust, Series 1NASDAQ

Description

It appears that the A-B=C correction in the 5th wave down, in the #qqq, has completed. The #FED will make its #prepared #announcent of its #50 point basis increase.

This #cycle low could be the basis of a huge #rally for the next #4 to #6 weeks. but ass always, we await for #confirmation. There has been a lot of talk for a much needed 75 basis point increase that should be implemented this meeting. As long as #FED #powell sticks to his announcement, I would expect the #qqq to rally.

Will keep you update.
Comments
Tradersweekly
Nice.
More