$QQQ Bull count
QQQ bulls - you need to break out of that downtrend and then likely ATH's are coming soon (unless we follow like last Sept and have a very very deep wave 2 - ultimate trickery to get bears and bulls confused).
Based on the bears dropping the ball on the flush yesterday I am thinking that the bottom is likely in here. I think it is possible that we could still see that big wave 2 flush, maybe end of next week? But it wont produce new lows. Time will tell, these next couple weeks should be eventful!
Based on the bears dropping the ball on the flush yesterday I am thinking that the bottom is likely in here. I think it is possible that we could still see that big wave 2 flush, maybe end of next week? But it wont produce new lows. Time will tell, these next couple weeks should be eventful!
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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.