$QQQ TOP 20
Added 2024-03-05 20:26:00 +0000 UTCDown -2.3% now and broke down from this bearish ascending wedge.
The 50 Day MA is still below at $422 on the previous 0.38 Fib so losing this is the firm confirmation that the market is in a correction here.
For me, unless $NVDA and the Semi guys pull something big out for the remaining part of this week, I can't see this momentum slowing down....a move sideways may be the best case scenario.
Wave A is looking to align with the 200 Day MA at $389.
Comments
Buy alert for $sqqq?
Oded Dan
2024-03-06 00:49:52 +0000 UTC
