$QQQ - 5 YEAR LONG TERM PROJECTION -
Added 2024-05-21 16:09:29 +0000 UTCWe are getting this drift up here as rates have been delayed so I am watching for the 2.618 Fib at $461 as a potential top for this Wave 5 which is a Cycle Wave 1.
Then we will have a year and half of a correction to complete the ABC pullback of Cycle Wave 2.
This is what I will be primarily building my cash for now to take advantage of this pull back.
You could by the $QQQ between $313 - $278 with a large sum and just add to do this position as it reverses up for Wave 3 and do very little else and still get exponential returns.
This will be a generational wealth building opportunity and I want you to take advantage of this when the opportunity presents itself.
Comments
Hi there. Do you update these projections for all tickers that have invalidated the counts? Can you please post updates? Thanks!
SK27
2024-12-05 17:51:44 +0000 UTCI know you posted a lot over these past few months around the importance of moving to safe havens and moving away from the indices and mega caps. I was wondering if you could add a note on your thesis here that will pull the Qs and the SPY into a 18 month correction. With rate cuts becoming more of a probability and no clear sign of a US recession what do you think will be the catalyst to start this drawdown?
Simpson
2024-05-22 04:52:41 +0000 UTCI have answered these questions already, the answer for the $SPY questions is under the chart in the comments and I answered Jamies question today in the group
Gareth Neary
2024-05-21 16:26:01 +0000 UTCHi Gar, have 2 questions appreciate your advice: 1. Saw your post that if Jamie from JP Morgan retire in sept we go cash can I know the reason? 2 on the spy long term it shows 0.618 fib at abt 360 however for the short term chart of wave c correction at above 420, can I know which will be the likely 0.618? Notice the 0.618 is also different from QQQ here Long terms vs the wave c.
Huat
2024-05-21 16:24:12 +0000 UTC
