$QQQ TOP 20
Added 2024-01-01 19:38:36 +0000 UTC$QQQ has not rejected yet at its ATH line at $409 but it did show some weakness on the final day of trading in 2023....we can also see that $AAPL has started a pull back from its ATH line too.
We will watch how this develops during the week and see if it will move back down to the white trend line again at $382, where it did find support at and bounced at the start of December.
We can also see that the 50 Day MA is also at this level right now.....so a pull back to this level would be perfect before moving higher to complete Wave 5 at $449.
I have also added in the amber Fib levels to watch for during the year when we expect the market to pull back.
If this pulls back to $382, I will be adding $AMZN if it can pull back with this market.
