$QQQ TOP 20
Added 2024-12-01 17:47:32 +0000 UTC$QQQ is sticking within this rising wedge and we saw that when $NVDA declined earlier in the week, $AAPL turned bullish and even made a new ATH on Friday, so the Mega Caps continue to hold up and like I said under the $GOOG and $MSFT charts, if both of these companies can at least move back to their Wave B ranges or previous ATH levels, this would further help the bulls rally into year end.
To achieve the Melt Up level by year end I believe is a big ask and would be a +10 to +13% increase, so if the bulls do rally, it may spill over into the new year, certainly into Jan is a possibility.
So as long as the bulls stay above the bottom line of the rising wedge and the $503 level then the market can still drift higher.
So I am still not seeing any indications that we have hit the top yet.
