SamSuka
The Long Investor
The Long Investor

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$QQQ TOP 20

Similar set up to the SPY. It can still come down to retest the .618 or .65 Fib at 270 and 269, if it finds support here, Wave 2 could then be complete and it has a good chance to break out of this channel. Failure to hold these levels and it goes lower than the previous low, then the bear case takes over.

Big earnings this week, a lot will happen I suspect. 

$QQQ TOP 20

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big breakout in $QQQ today bear case looks invalidated for now

Sid


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