SCI-SCV, SCA-SCC: Super Cycle
C1-C5, CA-CC :Cycle
P1-P5, PA-PC : Primary
[1]-[5], [A]-[C] : Major
1-5, A-C : Minor
(1)-(5), (a)-(c) : Minute
i-v, a-b : Minuette
Primary Count:
White/Green (Bull Market)
White/Red (Bear Market)
Alternate Count: Blue
To join the Premium Service follow this link: PUG Premium Service Sign-up. You must agree to the Terms of Service (TOS) and make a payment via a credit card Buy Now link or check in the mail. I will then send you the password to view the premium content. If you have questions send an e-mail to: pug.sma.llc@gmail.com.
Posted by pugsma on April 21, 2020
QQQ has been the strongest of the indices since the C2 bottom on March 23rd. It’s formed a nice up channel and today’s 203.63 low fits nicely as a minor 4 of major [1] wave (alternate blue count). IF the alternate (blue) count is going to play out across all indices, look for QQQ to break above 216.17 first and confirm it.
QQQ 60-min chart:
This entry was posted on April 21, 2020 at 12:29 pm and is filed under Premium, QQQ. Tagged: Elliott Wave Technical Analysis, QQQ Technical Analysis. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.
Sorry, the comment form is closed at this time.
You must be logged in to post a comment.