NDX QQQ Update Nov 29 2019

After a 13.5% wave up after an extension of the latest rising megaphone structure that is pointing up and will ultimately resolve to the downside.

No one can ever know when a wave will end. Though clues do exist to potential areas of reversal. In such times like this it is dependent on Gov't intervention.
QE, REPOS, TWEETS, RATE CUTS, CHINA News, ECB etc.)

Yorum:

Looking good. If I am right, this has only just begun. Another 3% down is likely