$QQQ
Added 2024-08-05 22:55:28 +0000 UTCCramer ironically made a very solid statement today, large declines like what happened today usually do not mark the end of a move, there will be some relief and then a flush down and we will still be in Wave A I believe.
The 200 Day MA was lost today, which is a crack, a weakness to this support level, the price did manage to recapture this level to finish the day but it has showed us that it is penetrable, we will need to see how the Nikkei behaves tomorrow, if there is a continuation but if it is flat, I suspect the US market will get a relief bounce tomorrow but it is difficult to believe that Wave A is complete right now, lets see how the next test of the 200 Day MA behaves
The chart and count remain the same, no changes, in spite of this very unique, incredible day.
