$QQQ bear count - bottom not in
Here is the QQQ Bear count. The bears have this thing as either having finished a wave c of B of wave Y (flush early this week) or that it still has one more leg to push up before the flush. IT does appear that it needs one final push up to see a clear 5 waves within wave c, but it may have already completed that on a minute scale.
Either way - bears have this thing about to do 1 more 5 wave zig zag down, most likely near the uptrend line @ approx the 50% retracement (QQQ ~342). From there we find our bottom and begin our ascent back to ATH's
Either way - bears have this thing about to do 1 more 5 wave zig zag down, most likely near the uptrend line @ approx the 50% retracement (QQQ ~342). From there we find our bottom and begin our ascent back to ATH's
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.