SamSuka
The Long Investor
The Long Investor

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$SQQQ

So $SQQQ is approaching the last support line at $28.38

$SPY is approaching the top of the right shoulders and important resistance lines.

$VIX is approaching its final support line.

$QQQ is approaching its crucial resistance line.


One thing is for sure, a direction will need to be made very shortly, they are all connected with each other. Regarding this chart, looks like a clear WXY with 3 ABC counts in each wave, indicating a bottom is likely due here. 


$SQQQ

Comments

I know you don’t short but thank you for sharing nonetheless, was extremely helpful!

Ramon

Thank you, been waiting for SQQQ to go under $30

Jeff Akrawin


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