Setting up for a nice rally out of the wave 2 bottom

From what I can see, it looks like QQQ is finishing off wave 2 sometime soon - either today or early next week. After we bottom out wave 2 we can map the Fibs for a better estimate on targets for waves 3, 4, and 5.

If we drop below 315 it would invalidate this idea.
elliottwaveprojectionElliott WaveQQQTrend Analysis

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