$QQQ TOP 20
Added 2023-09-04 23:15:26 +0000 UTCGetting above the 50 Day MA was important this week and quite frankly, it had no problem cutting through it and it was a very bullish week.
A retest of $370 can still come when the market opens this week but staying above this level and we are moving higher.
For me, Wave 4 and Wave 2 were identical in length and it has really helped to judge this market, so we should be leaning bullish now.
There is concerns that Sept is historically a bearish month and that is the case, however, August is not always as bearish as this one was and may have absorbed a lot of the historical bearish sentiment. For now, overall the charts are not showing this historical concern....regaining the 50 Day MA was a big statement, holding above it now will be the next aim.
