A Glance at $QQQ

Someone asked about this in the chat today; I thought I would share it more widely among users at large.

Structure looks clean, hopefully complete here. It’s obnoxious that the wave balance here has become 2:1, but ’tis life. Target is the orange box at a minimum (it may go lower, but we’ll have to see how deep the first wave is before I can gain more clarity).

There should be plenty of supply up here at the prior consolidation from early June.

QQQ


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