the_sunship

Tech Rally

the_sunship 업데이트됨   
NASDAQ:QQQ   Invesco QQQ Trust, Series 1
Breakout of wedge, all pullbacks would be an opportunity to add. A test of the wedge breakout is possible as a bear trap before the larger upmove. The target is conservative, I actually think it's more likely they come back to test the trendline.
코멘트:
looks like it's in the process of the bear trap (B wave)
코멘트:
they are buying it at the breakout, but there's something odd about the RSI. If they keep selling today we may have one more leg down. Fibs and RSI are telling me it's possible...
코멘트:
rally postponed, this looks like the final wave down is coming now into tomorrow. 5 waves down would be impulsive and indicative of a larger market reversal but we likely bounce well next week.

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