$QQQ TOP 20
Added 2024-04-04 20:01:53 +0000 UTC$QQQ is very similar to our $SPY chart just uploaded.
At the weekend I spoke about the rejection at the 1 Fib at $444 and now we are seeing further confirmation
Let's see what the bulls response is tomorrow and Friday.
For now the 50 and 200 MA on the 1hr chart is lost and the channel too, so this is certainly something we should be considering.
Also the capital allocation into $BTC, $ETH, Gold and Silver over the last few weeks and this year has also been a signal.......and the obvious indication that we are clearly in Wave 5 here and we had this rejecting at this level anyway.
If this is the start of the correction then we have spent the last 5-6 months preparing for this
Allocating funds into Silver and $ETH has already started to show strong returns already
But we will step our capital protection allocation shortly if we confirm that the correction has started.
Comments
Very clear, thanks captain!
Yuri van Huisstede
2024-04-05 10:53:55 +0000 UTC
