Singkat

Telah dikemas kini

QQQ-The Great Fall-Fibonacci/Wave Analysis

is a strong sell.

Thesis: QQQ has completed a 5 Wave Cycle and will now begin the correction phase. Big Tech is immensely overvalued here.

QQQ's chart has setup an irregular correction which occurs after a 5 Wave Cycle. Irregular Corrections have a phenomenon called 'Double Retracement'. The first retrace is the extension of the 5th Wave and the second is the whole 5th wave sequence.

The first retracement usually covers only that portion of the fifth wave that went beyond a normal fifth wave. We can also compute where the irregular top will likely occur by doing the same calculations we would use for a zigzag.

Irregular corrections can also occur after a normal fifth wave. The only difference is we need not get the full second retracement of the fifth wave as is common with an extended fifth wave.

The first move after the end of wave 5 would be a three wave affair (Check) and is labeled as Wave A. The Wave B that follows will also be in three sub waves but the price will exceed the top of Wave 5 (Check). Thereafter, we will get a normal Wave C made up of five sub waves (Happening Now).

Wave A - 3 (Completed)

Wave B - 3 (Completed)

Wave C -5 (Underway)

Facebook = MySpace?

Can Facebook be replicated?
Can Twitter be replicated?
Can Google be replicated?

Yes.

Also, data privacy and misuse story is only beginning...

Another important clue that you can keep in mind is this. Compute the time and distance traveled by both the waves 2 and 4 of the lower degree. Then, your zigzag correction will be bigger in size and take longer time than the bigger of waves 2 and 4. For example, suppose wave 2 traveled 50 pips and took 3 hours, whereas wave 4 traveled 25 pips and took 5 hours. In this case, your zigzag correction will take more than 5 hours and will travel more than 50 pips.

Will update.

-AB

Nota

Another Catalyst that will fuel this sell off is money flow into crypto and blockchain.

Nota

The rate of technological change is now exceeding our ability to adapt

In the space of one decade, we are dealing with change that previously had taken a generation to adapt to. Friedman thinks we will be okay and I agree. Harnessed properly, that exponential change will hold the answers to many of our big problems, including our belated action on climate change.

We are now living through the “age of accelerations” underpinned by those converging technological advances put in motion a decade ago. The pace of change (speed) and rate of change (exponential) are in many cases exceeding our capacity to cope with change.

noted.co.nz/tech/the-rate-of-technological-change-is-now-exceeding-our-ability-to-adapt/

Nota

Wave 5 is almost complete

Nota

Need a ABC Correction then we will begin the higher Wave 2 which will retrace back to near the high

After, Wave 3 will ensue which is expected to be extremely violent move down.

Nota

Double Retrace is in Play

Nota

1st Retrace Wipes out the Extension of the 5th Wave
2nd Retrace correction the WHOLE 5th Wave

Nota

corrects*

Nota

Orange = 5th Wave Sequence
1 - Normal
3 - Normal
5 - Extended

Nota

QQQ Wave 1 should be bottoming now...

Nota

Correction over...

Wave 5 imminent...

Nota

Watch for the reversal at .618 & .786

Nota

Hit Target Perfectly...

Nota

Buckle up...

Nota

Wave C time est. 308 days.

Nota

QQQ Cycle 1 Wave:

1-Normal
3-Extened
5-Extended

Nota

Poetential Bottoms:

$110

$55

Nota

techcrunch.com/2018/10/04/china-reportedly-infiltrated-apple-and-other-us-companies-using-spy-chips-on-servers/

Nota

What if instead of a 'hack' it was more of a 'pay to play' scheme...

What if Big Tech granted the Chinese Access to its servers...

Nota

The Fall is imminent....

Nota

cnbc.com/2018/12/04/faang-stocks-shed-140-billion-in-tuesdays-market-rout.html

Nota

apnews.com/f15fe5b986ba4426b4f3267e8e1322f0

Nota

New Facebook: Internal Facebook documents released by a U.K. parliamentary committee offer the clearest evidence yet that the social network has used its enormous trove of user data as a competitive weapon, often in ways designed to keep its users in the dark.
Parliament’s media committee accused Facebook on Wednesday of cutting special deals with some app developers to give them more access to data, while icing out others that it viewed as potential rivals.

Nota

Current Wave Count...

Nota

Fib Spiral Target...

Nota

We are setup to fall this morning...

Nota

dailymail.co.uk/news/article-6486391/Gigantic-fire-erupts-roof-Google-office-Chinas-Silicon-Valley.html

Nota

$124.12 would trigger an extending 3rd Wave if broke....

Nota

Still in Cycle Wave 3...

Still in Primary Wave 3...

Nota

Immediate Targets are $143.00 to $137.16

Nota

AT&T said Thursday that it will stop selling its customers' location data to third-party service providers after a report this week said the information was winding up in the wrong hands.

The announcement follows sharp demands by federal lawmakers for an investigation into the alleged misuse of data, which came to light when Motherboard revealed a complex chain of unauthorized information sharing that ended with a bounty hunter successfully tracking down a reporter's device.

AT&T had already suspended its data-sharing agreements with a number of so-called "location aggregators" last year in light of a congressional probe finding that some of Verizon's location data was being misused by prison officials to spy on innocent Americans. AT&T also said at the time that it would be maintaining those of its agreements that provided clear consumer benefits, such as location sharing for roadside assistance services.

But AT&T's announcement Thursday goes much further, pledging to terminate all of the remaining deals it had - even the ones that it said were actively helpful.

Nota

philly.com/news/nation-world/att-says-itll-stop-selling-location-data-amid-calls-federal-investigation-20190111.html

Nota

Cycle Wave 3 has formed a Bearish Leading Diagonal...

Nota

Primary Wave 4 Correction was Irregular.

The B Wave Formed a Horizontal Triangle...

Irregular Corrections in the 4th Wave position imply an extended 5th Wave

Nota

Sub-Wave Sequence sets are 5-3-5...

5-3-5 sets are called a Leading Diagonal...

They Lean in the direction of the major trend.

Nota

Near-Term Target = $149-$142

Nota

FibMarketWatch

Juga pada:

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.

FibMarketWatch

Juga pada: