Most “wave” theorists would tell us that markets (stocks) move in, on average three major waves. If that is the case, we have had two major moves down on the $QQQ. Both in the 90-point range with one rally of about fifty points (all moves intraday low to high). Could we be in for a Bear Market rally of around forty-five points ( ½ the move down on each leg)? If so, we could see a move back to around 325 which is about a 15% move and then another ninety points drop to finish this move? This is not a prediction in any shape, form, or fashion. Just ideas.
Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.
I am under no obligation to post any action or update to any idea.
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I am under no obligation to post any action or update to any idea.
Follow me on "X" where I post more content.
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.
Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.
I am under no obligation to post any action or update to any idea.
Follow me on "X" where I post more content.
I am under no obligation to post any action or update to any idea.
Follow me on "X" where I post more content.
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.