$QQQ Top 20
Added 2023-05-07 20:18:01 +0000 UTCAs I have said a number of times now, if $MSFT and $AAPL are performing well, this will continue to mimic both of these charts. Big Difference between this chart and the $SPY chart and $GOOG chart, where both of those charts are struggling to show any impulse structure, they are moving sideways, whereas this chart is moving much more clearly.
After important earnings reports, I suspect a number of stocks in the $QQQ will let off some steam and pull back shortly, and I am leaning towards the Wave 4 structure here, the 200 Day MA will likely come up to meet the Wave 4 spot too.
