$QQQ Diverging Excellently Here

My views from yesterday remain intact. $SPY and $IWM went a bit deep, but still within tolerance limits of my general expectations. $QQQ is diverging nicely here (as are the other indices). I continue to expect a move to orange b (and similar gestures on the other two).

QQQ

[UPDATED]: Though we needed to endure one more lower low from the time of the original post, it wasn’t a significantly lower low, and we got the expected rally and then some. I will file this under “Successful Calls.”

QQQ

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