SamSuka
The Long Investor
The Long Investor

patreon


$QQQ TOP 20

Wave 5 could also be complete here too as the price has struggled to stay above the 1 Fib at $444.

It will likely come down to how $NVDA reacts tomorrow in the PM and at the opening.

If it continues its sell off then I believe the $QQQ will not stay in this position and start pulling back, even if $AAPL and $GOOG do bounce, I expect it to be mild as investors may be concerned and approach cautiously, as to not catch a falling knife.

The extended Wave 5 would have this go up to the next Fib level at $472.....but personally I do not see this happening.

If the pull back is confirmed here....we will start considering a position in the $SQQQ but let's wait for confirmation first. 

$QQQ TOP 20

More Creators