TQQQ Pullback, 4 - 10 or 27% - Feb2 Confirm or Reject Wave 5
Qs have about 4% to go to hit the 50 Day Moving Average, about 10% to hit the 200 Day, and 27% to hit the 2008-2020 Uptrend line.
Wave on 5 Day:
*NOT FINANCIAL ADVICE - NOT A FINANCIAL ADVISOR*
Wave on 5 Day:
*NOT FINANCIAL ADVICE - NOT A FINANCIAL ADVISOR*
Note
Wave Pattern invalidated. Return to Channel if we don't get a drop soon.Note
Former marked 4 continued past a 100% retrace invalidating.Revised Wave numbering.
Wave 2 shows .618 Fib retrace (most likely)
Possible we're on Wave 2, or Y of XYZ
Watching for stop and respect for channel, or pink line down to Megaphone pattern.
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Disclaimer
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.