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sethsalazar70
Sep 23, 2022 10:05 PM

QQQ reversal soon? Long

NASDAQ:QQQ240
Invesco QQQ Trust, Series 1NASDAQ

Description

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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,

Comment

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SO the price target for C will be $265

Comment

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Looks like we are taking the C route good luck!!

Trade closed: target reached

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always alt scenarios... never stay overly bullish nor bearish
Trend AnalysisChart PatternsWave AnalysisQQQTQQQSQQQnasdaqnasdaq100elliotwaveanalysiselliottwaveretracementelliottwaveprojection
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