PUG Stock Market Analysis, LLC

Elliott Wave Technical Analysis and Commentary on the Stock Market

April 6th, 2016: QQQ Wave Count Update

Posted by pugsma on April 6, 2016

12:10 pm EST:   QQQ price hit 110.44 and has come close to filling the 109.45 to 111.86 gap during the major [2]-PC-C2 wave.  Might need one more stable higher (blue count) or could have completed major [2] at 110.44.  Need to break below 106.34 and then 104.00 to confirm.

QQQ 60-min chart:

PUG QQQ 60-min 4-6-16

QQQ weekly chart:

PUG QQQ Weekly 4-6-16

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