$QQQ Cycle I in?

29 Ara 2020

Here's a bearish QQQ count that has us concluding an ending diagonal intermediate wave 5 of primary wave 5 of cycle wave I, followed by a target between 0.5 and 0.618 of cycle wave I. This top would coincide with a 20 y/o channel. Not committed to this count, but I nibbled on some near term SQQQ puts.

29 Ara 2020

Not

Here's a zoomed out look at that 20 y/o channel on the monthly. If Thursday closes this month inside the channel, I may add some more SQQQ calls in the new year.