Decided to share both charts to clearly show what I'm targeting on my QQQ position:
The overall projection is still very much valid/bullish until we close under 16200 (NQ)/395 (QQQ), as we are currently in a minor wave 4 pullback.
As we saw EOD, the C wave tends to be very aggressive/impulsive so I expect a continuation of selling into this W4/C zone and bounce on Monday...
Look for a BTD opportunity in these highlighted zones on the chart if interested in catch the minor 5th wave up
QQQ:
A close under 16200/395 would tell me we have much more room to go down!
Happy New Year!
Kam
The overall projection is still very much valid/bullish until we close under 16200 (NQ)/395 (QQQ), as we are currently in a minor wave 4 pullback.
As we saw EOD, the C wave tends to be very aggressive/impulsive so I expect a continuation of selling into this W4/C zone and bounce on Monday...
Look for a BTD opportunity in these highlighted zones on the chart if interested in catch the minor 5th wave up
QQQ:
A close under 16200/395 would tell me we have much more room to go down!
Happy New Year!
Kam
