Same as qqq- we should still melt higher before next 60% pullback. We are looking (if not already found) our wave 3 top. 456 is highest probability for that spot, but we are in caution zone.
Wave 4 could be anywhere from 443-452 if we get to 456. Highest probability for bottom in that area is 446-450, then we take a trip to 460 before we get our next meaningful drop (wave 2 drop).
Buy the dips on 3 7 or 11 swings. I will be looking for the drop so that we can find where the 100 extension is for our wave 4, and that will be the drop target and go long in that zone. For now just waiting and scalping
Wave 4 could be anywhere from 443-452 if we get to 456. Highest probability for bottom in that area is 446-450, then we take a trip to 460 before we get our next meaningful drop (wave 2 drop).
Buy the dips on 3 7 or 11 swings. I will be looking for the drop so that we can find where the 100 extension is for our wave 4, and that will be the drop target and go long in that zone. For now just waiting and scalping