looks liek wave 5 not sure of the degree nor do i care..target is 250 somewhere
I’m long til About $70-73 on this one a Wave 5 developing. Also a Harmonic developed around waves 1-2.
Triangles are only in wave B or wave 4. This seems to be a B wave triangle that is completing a impulsive 5 wave structure to complete corrective wave C.
This is the second consecutive positive week for the Q’s $QQQ. During the week, the $QQQ gained 14.43 points 7.18%, and closed at 215.29 on Friday, 4172020. Weekly volume was 20% above average. The short-term uptrend that started on 4/23/20 at 164.93 and reached 216.51 on April 17, 2020. QQQ gained 51.58 points, or 31.27%, in the past 20 or so days. Price is...