$QQQ TOP 20 - Important note -

Very little was safe this week, apart from Crypto related positions.

The Tech Sell Off started, mainly led by $NVDA and the Semi Sector, $AMZN contributed by rejecting at the $200 Bezos line and $MSFT, $GOOG and $AAPL had minor domestic issues but ultimately they all ended up moving together, down to their 50 Day MA, in some cases finished the week below this important moving average.

The clear message throughout this weekend's Top 20 update is clear:

• If the 50 Day MA is lost, we must wait for the price action to retest this level from below, only when the price rejects at this level from below can we assume that the ABC correction is taking place and we are in Wave A.

This is what we did in April to help guide us through the very harsh and rapid decline and it worked very well for us, catching a lot of the markets strong run that followed.

Again I have added the Buy Zone here too at the 0.5 Fib. The $QQQ is certainly a low cost ETF you could build your portfolio around to capitalise on the Ai growth potential for many years to come, so having an opportunity to buy below the 200 Day MA, with an aim to start accumulating under the $380 level is something I will be encouraging members to do and I will be doing the same myself.

$AMZN will be a big part of my portfolio, followed by the $QQQ and then the $SPY at 10% each.

Portfolio managers can't tell you to buy these two ETFs, as that would simply put them out of a job, what would you be paying them for then?...to buy something so simple, why pay their fees for this?....but having 40-50% of your portfolio in these 3 positions is the smartest move you can make (or if you prefer a different Mega Cap from our Top 20 list)

Then we can explore taking advantage of more risk and more reward positions and buy and sell the primary wave movements.

A lot of people who have joined here were not around at the start of the last bull market in October '22 but you are at the right place now, we are going to take full advantage of this correction and I will do my utmost to guide you.

The hardest part will be staying the course, many and I mean MANY will give up when the market starts correcting, for whatever personal reasons they have, this is simply what always happens, the masses give up, this is exactly what I do not want you to do........and when the market does stabilise under its 200 Day MA at the expected support levels, we will execute our buys with conviction.

There is a possible generational wealth opportunity on the horizon and you deserve to benefit from it like many have done in the past.