we are in wave 3 of TD D-wave. Just took some of my profit at 22.99
The target for a textbook Wave 3 is at ~18.76.
However I will take my profit at the next Trend Factor, which is 21.72 which happens to be S2 monthly pivot.
Good luck trading! I will update this idea accordingly
I actually forgot DIA having posted setups for SPY QQQ and IWM already.
Same scenario with DIA. First target is at next Trend Factor at 240.17
Final target area is the red box.
Good luck trading guys!
QQQ will likely in my opinion drop to S2 weekly pivot and TD Trend Factor 0.8919 level.
That area at 167.5 also happens to be the target for descending triangle as well.
Good luck trading!
