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Invesco QQQ Trust Series I
Long
Updated

QQQ reversal soon?

332
https://www.tradingview.com/chart/WkZbLswt/[/urlOk so with the divergence on the 4 hr it is very possible wave 5 is complete, But we have a zigzag formation that has not been completed yet, C will mark the spot at 100% extension, if we were to reverse here these are some levels to watch. I know most people are bearish and so am i BUT the market has never tanked when people expected it too, that's the only thing keeping me a little bullish, also a lot of people are shorting the market so it would be a perfect time to make a big squeeze,
Note
SO the price target for C will be $265
Note
Looks like we are taking the C route good luck!!
Trade closed: target reached
always alt scenarios... never stay overly bullish nor bearish
sethsalazar70
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Chart Patternselliottwaveprojectionelliottwaveretracementelliotwaveanalysisnasdaqnasdaq100QQQSQQQTQQQTrend AnalysisWave Analysis

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Chart Patternselliottwaveprojectionelliottwaveretracementelliotwaveanalysisnasdaqnasdaq100QQQSQQQTQQQTrend AnalysisWave Analysis
sethsalazar70
Also on:

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.