This is a private idea. I am studying the various sine wave patterns in the QQQ. There is room for error because QQQ is not traded 24h 7d. We are in a longer term Green (BIG GREEN DOTTED LINE) of almost 3 months - near the beginning. Shorter term red, - red background. This chart puts in 3 smaller zones. The solid green and red lines seem to have more weight, then the bold dotted lines, then the smaller dash line zones. Remember, there is room for error from the days the market is closed. Will update this as needed.
Comment:
It looks like a short term high by May 11 9:30am or before. But I do not seem to see any zones coming soon where they are all red at the same time. This may mean the upcoming sell offs may not be very strong since we are in the GREEN ZONE of nearly 3month time periods
Comment:
It seems to point to around May 21 - May 22 to be the best buying time in the red background.
