phomans

A better interpretation

BATS:QQQ   Invesco QQQ Trust, Series 1
0
the retracement is more than usual in a corrective wave, following the 5 wave decline from the top in April-but no one said that any of these analytical modalities are perfect, and that a 90% retracement is out of bounds-if the QQQ makes new highs, one has to reevaluate the whole pattern, but I think that will occur, with bonds doing what they ware
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