DoujinStars
The Long Investor
The Long Investor

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$QQQ TOP 20

Plan for the $QQQ as the $SPY approaches its 0.38 Fib

This may stop the $QQQ falling down a lot further if support comes in shortly for the $SPY.

So I am watching for the blue line at $408 and the 0.38 Fib at $389 as the potential support range for Wave A.

A fall into this range and I would expect Wave B next.

$QQQ TOP 20

Comments

Im curioius, why isn't your FIB swing low to swing high isn't from Oct 22 to Feb 25?

Gerry

If SPY finds support and accordingly QQQ doesn’t fall down further to its Wave A support level, would that mean this was not the Wave A of corrective wave ?

Kad

Thank you

MCAL

Slightly less around -8%

Gareth Neary

that's another 10% down. Am I reading this right? Thanks

MCAL


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