QQQ long at 360Structure set up for a long entry at around the 360 mark.
ABC corrective wave of longer term bull phase into Christmas appears to be ending.
360 looks to be 0.618 retrace of Wave 1, and also exact 100% of Wave A.
Note we may have already hit the bottom at 362 (50% and 0.718 of Waves 1 and A respectively). However VIX model looks to be setting up a new high to complete the retrace (will post shortly) so I don't think we can rally until VIX 20 has been broken