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#NASDAQ $QQQ headed for 50% retrace to middle of weekly BB

NASDAQ:QQQ   INVESCO QQQ TRUST UNIT SER 1
QQQ looks like it has put a bottom in and headed for a 50% Fibonacci retrace to $165.5. We should now find support at $154 prior to a run higher over the coming weeks.
or the 3rd Elliot wave ?
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