$QQQ TOP 20
Added 2025-04-03 09:50:15 +0000 UTC$QQQ chart is almost identical to $SPY and the commentary, price is also testing the 31st of March low too now and we can see that the 0.236 Fib aligns with the impulse invalidation red line at $447 too, meaning we can rule out Wave 5 and the Melt Up scenario below this line, so that is clarity for us.
A drop below $447 and rejecting below this level and the blue line is next as discussed yesterday
The best case scenario next would be a retest of the the 200 Day MA and people can de-risk out of some exposed positions.
