cedarfox

QQQ Long term view

NASDAQ:QQQ   Invesco QQQ Trust, Series 1
This is a long term view of QQQ. I believe we have completed wave 3 on the elliot cycle of QQQ and are now going into wave 4. Wave 5 may not start until 2020 or 2021. Wave 5 probably will take this thing to major levels. Concern that when wave 5 is over, it may bring the economy into major trouble. 2018 -2020 are likely to have some steep drop offs. but not all the way down. This is a private idea.
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