$QQQ TOP 20
Added 2024-01-09 20:42:54 +0000 UTCThe big elephant in the room is that the CPI figures are due out this Thursday and any week when this is due is going to bring some volatility.
The $QQQ has bounced this week which is what we expected from our weekend update and we may get a test of the blue line here again at $408 from below, a rejection here and we should get our pull back for the third wave down to complete Subwave 2.
I would still be looking at the 50 Day MA for support if we get a rejection at $408.
So let's prepare ourselves for a bit of turbulence this week.
